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Re: $b_rich$ post# 37

Monday, 11/12/2007 3:52:56 PM

Monday, November 12, 2007 3:52:56 PM

Post# of 9838
It's always hard to find bottom, once a stock gets into 52 week low range, it's difficult to find support on the charts.

That's what makes these plays tricky. Many times i have gotten caught in the mindset of "This is the 52 week low, it should bounce from here." Only to find myself down another 50% or so before it runs. That happened to me alot this summer, but summer trading is a different beast

I can't imagine this one going too much lower, but you never know. Should be an interesting AM tomorrow because I think they will bottom this out in the AM, if it's not bottom already.




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