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Message: Big INT Buyers Aren't Showing Their Hands

I would like to see volume a bit higher, but if that were the case our SP would be higher based on todays trading. What you say sounds true given we are not falling or going up and that gives the sense of accumulation is occuring. For me we need to close above our open and close to the high for the day for a confirmation of accumulation. Weak hands should be purchased without hesitation if this is true meaning it should not drop below our open.

Remember INT destroyed the 200dma last week and has been building a very positive chart and is being talked up on just about every blog out there. Intesest is building for an expected announcement or some event. I am in the camp of patience and not in any hurry for any news unless it blows us away and I mean significantly. Slow and steady is ok too.

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