DownBig, IMHO,, the chart does not read well... If it doesn't hold here, it could have another fair drop. BWDIK,, I just go with the flow...Last couple of days , I tried picking bottoms only to reverse in the nick of time to short again..
chart.canada-stockwatch.com
Forty was sort of my mental target the first time it tumbled, appears that there should be resistance there , which in fact is showing up, HOWEVER, (theres that word again), if this is the bottom it sure isn't difficult to get as much as you want...Also, it is fairly normal to at least attempt a reversal on the third day down...
I have been caught on this stock both ways several times, it is quite the bronco...
russell |
