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Gold/Mining/Energy : Uranium Stocks
URNM 55.58+4.6%Dec 19 4:00 PM EST

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To: WalterWhite who wrote (11119)5/14/2007 12:38:13 PM
From: chowder  Read Replies (2) of 30229
 
>>> (i'm not a technician) is it a coin toss here? <<<

I am a technician. Professional traders do not buy wide range bear bars. They wait for price to consolidate and insure that the selling is over with.

Buying here is guessing. Buying here is an emotional play.

Buying here would be like going all in with a 7 and 2, non suited, while playing No Limit Texas Hold'em. You could win but the odds are heavily against you on your timing.

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