donald,
Shoot donald, looks like we are in BMG at the same basis. Or should I say underwater at the same depth??
As for HL, I have been following it for a long time (well, for me anyway, three years). I don't use BB's much, though I refer to them, I basically look at previous supports and resistance. 3 1/2-3 9/16 is a buy point for me, barring any horrendous news from the company. How I gauge the top end is whether it looks like it will drop on recent resistance. I really don't have a program down for it, I just follow 5/15 minute charts and see how it is reacting to POS and other metals stocks for picking the short term tops in HL. Tends to be a slow mover that needs a fire built under its tail to move, but then if the fire is big enough its a sling shot. Also have had so many limit orders in over the last few years on this one that I have a feel for what the floor guys are doing.
All of this is not to say I am getting rich, but am having fun learning!
Might as well be chicken bones I guess, but what do you expect from a Penn Stater:-)) |
