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promised follow up: rec'd. selling SKM around 9.00, at technical resistance....up from 5 area, big % gain for y'all....glad to have helped....also, just under 9., was support back in last spring, and also broken support in last fall....also, as I said/teach, its 200 DMA also just under 9., so I am out....FYI, I also rec'd. taking most gains in VVUS from 10-11, up to 15+ quick....these gains are/were "enough" for now, in this market/technical patterns....VVUS also beginning to show S.T. resistance....same pattern as SKM near lows.... SKM "could" get towards 11., but probably needs technical/puulback/work....may not be worth the wait, versus others still in bases.... remember, I only try to get the easiest, quickest rise off the depr. base, with stops below, leaving the longer-term to others....so, best wishes to all, but SKM is no longer real cheap by my concept, and at S.T. resistance...so out.... |
