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Supermon

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Supermon

Re: None

Tuesday, 08/05/2008 4:37:01 AM

Tuesday, August 05, 2008 4:37:01 AM

Post# of 11618
Other things to look @ are the TA indicators dropped below the overbought level in the last day and a half. This leaves room for a continuation of the trend north. I think the depressed prices are in the rearview for the short term. I'll be looking for the right price to add to my position this week. Yesterday I added more in the 2.30's and it starting moving back up in late afternoon. There might be a gap up in the morning with the company paying out the $35 mil to those Bubba Gump's in Alabama. If they get their S%#t together, it will reduce SCA's exposure to their mismanagement of the sewer project. Any kind of positive news from that and we could see the step ladder trend again from last week.

[chart]img249.imageshack.us/img249/6152/10002012yl2.th.jpg[/url]
The Supermobile

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