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Re: stocktrader001 post# 23

Thursday, 09/16/2010 7:24:12 PM

Thursday, September 16, 2010 7:24:12 PM

Post# of 421
I would be kind of cautious with this thing. Like TycoonSoon said this baby has been trending up great since the big pull down and she should be due for a retracement. The shorts know this and they might be in control here. We need somebody that really understands level 2 to confirm this and that is not me. As far as support I see some at about 8.38 and then 6.70. Next up is the 200 dma. Tycoon also touched on the fact that fundamentals are still good so you might get some cheap if you hang around. But what was cheap today might not be considered cheap tomorrow.