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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (157498)5/9/2009 2:58:59 PM
From: stonecrop  Read Replies (1) of 313622
 
<Trading it for a few pennies waste of time in my opinion>

Hey Red/marcos, i got in for the ELE ride Friday at 0.125 (thxs for the heads up earlier RR). Any thoughts on the steady eddy volume as it was almost exactly the same with Thursday at 2.6+ mill. Go figure. Seemed like the demand for stock was there at the end of day with buyers reaching at 0.125 (it appeared traders were not exiting in mass before a weekend which is a good sign of strength).

As a side O/T note, i was up in Cold Lake on a 3D last Feb (for Osum...private company) and i heard rumblings of their 'Hangingstone' project for they were supposed to do more seismic (i think a 3D) but it never panned out last winter due to the economic downturn (i'm a surveyor/CP).

Bad/short year for us seismic grunts as programs came to a screeching halt.
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