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Re: BuckeyeMike post# 123

Friday, 10/24/2008 1:20:25 AM

Friday, October 24, 2008 1:20:25 AM

Post# of 175
BuckeyMike,

RZ - IMO - looks like it is going to consolidate in the support/resistance area that it is in. Right now for the short term it should test $4, if it breaks and closes above then most indicators will be bullish. Untill things become more stable in the overall market I would either play the range, or wait for a breakout one way or the other....above $4 or below $3. It has a nice range to play a short term scalp. Also, look for a big volume day one way or the other that will help indicate the temperature of buyers and sellers.

GLTY
all IMHO




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