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Re: mrnatural post# 6480

Sunday, 12/19/2004 8:40:20 AM

Sunday, December 19, 2004 8:40:20 AM

Post# of 7045
Mrnatural: I understand what you are thinking on Fmday. We are not the only ones that trade this stock and so a lot of day traders flip it after news comes out and the PPS drops everytime. .79-.80 seems to be a support level which creeps up little by little each time there is a spike. I bought 50% of my swing trade position at .87 and then I will wait to see if I can get my other 50% swing position at a lower PPS. It is one of those stocks you just have to wait and see what the PPS will do over a short period of time to get the most out of the next spike. You can bet that there will be a upward spike, but the timing is something that get's harder and harder to guess. I don't mind waiting, because I almost never get disappointed, but can take a month or two to see an increase due to news about a new contract or entering another global sector. GL, Walk
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