Saturday, January 02, 2010 9:46:55 AM
Many posts have shown how the turn around point has been December in this stocks SP. Starting mid-Jan all the way to April we are looking at a gradual (maybe even sudden) climb to beyond the previous highs.
I for one, am very encouraged that we stayed above the 50 cents levels during sell off seasons for all those that got averages higher than that. This level is the highest in years (I discount last year since it was a freak economic year!), this tells me that we are in for a good ride! Good luck to your friends, buying is easy, but accumulating a large position is difficult without jarring up the SP.
Cheers
Brez
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