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Re: bassfishing101 post# 1507

Wednesday, 05/07/2008 4:23:39 PM

Wednesday, May 07, 2008 4:23:39 PM

Post# of 3930
Not sure how much support it really needs (unless the market turns back down) because of how it went from $4.32 to $3.28 in a day (10/16/07) on a huge gap down. Once it breaks $3.50 it should run right to $4.25 - 4.50, that's where it needs to build a little support, but not even all too much is needed there imo due to 5.84 to 5.03 in a day on a big gap down (7/25/07). Also depends on how the CO. is doing, projecting and so on. Sooner or later we'll find out, but that's what I'm thinking.

If you're not living on the edge, your taking up too much space.