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Re: redwards post# 35453

Tuesday, 12/09/2008 6:24:10 PM

Tuesday, December 09, 2008 6:24:10 PM

Post# of 36150
If you plan on holding it for 3 months or more, you could buy it here (14-ish). But, I'd wait for the gap at 11.32 to fill, then buy. This is how I trade. Sometimes I miss out. But, I think it gives me an edge for when I do make a trade.

Daily chart look, to me, like it will pullback starting any day now. The weekly still has room on the up-side.

The monthly, well it's extremely oversold, especially if it closes the month near these levels.

I'd wait for 11.32, if I were going to buy it.

jmho,
df

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