Continuing the discussion from the NSE IPO thread -
http://wazua.co.ke/forum...amp;m=577818#post577818
In the cartoon world this is how an upthrust sellside plays out.


What are the things to look for in a Uptrust?
1. High volume and how high?
2. Wide price spread?
3. Did it close, near or on the low?
4. What was the previous bar/candle action?
5. Did the bar/candle close into new territory?
6. Is the stock in an up trend?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!