kb
Good call on the VST market behavior this AM. The president's speech also may have calmed a few jitters as well. Not too optimistic on that score, unfortunately.
Speaking of ST, did anyone play GMST for that 10%--so far--pop? It really gave a good signal. Where it goes now, I won't hazard a guess, because I seem to do far better at the micro guesses vs. the macro moves. Even SMTF is trying to get off its back, but that might just be some short covering, and, while its downside is probably limited (no more than $7. <g>) enough people have been burned, it may take awhile for them to come back. OTOH, there were a couple of very large trades at the ask this AM.
db,
What's your take on HC now after its fabulous run? Isn't it heading into some significant resistance, and, if you follow the Fibonacci thesis, hasn't HC met the retrace criterion and then some? An ever-trying-to-learn mind would like to know. Thanks,
Jim |
