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Thursday, July 08, 2010 4:17:15 PM
IMHO today was the make or break day for a turn and confirm and we can put a gold star in the "make" colume.
this chart tells the tale...money is coming back into the stock and with the RSI cooling off with the selloff we are ready to begin the journey once again...this time we began with a new floor set at .0027 instead of .0005. time to think in longer terms than a 10 minute flip and for those of you that know me that is not an easy shift for me...I AM LONG STHG...not long like 20 minutes or 4 hours or 1 1/2 days...but long like in for the long haul. I think with the team sucking loose shares out of the market like a shopvac and a CEO that has vowed not to increase the Authorized for 1 year we have a unique situation here.
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