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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (1255)4/26/2007 8:34:03 PM
From: pcyhuang  Respond to of 4080
 
Re: SMMX

Genn:

I think SMMX is reaching a cyclical bottom in the $10-12 range. Based on RSI and % Williams on this 5 yr. weekly chart, I think you are quite right in accumulating SMMX as a contrarian investment.

stockcharts.com

pcyhuang



To: Glenn Petersen who wrote (1255)7/26/2007 2:14:38 PM
From: Rollcast...  Read Replies (1) | Respond to of 4080
 
Any thoughts on the post earnings release drop on SMMX?

Not a good day to disappoint...