AI
Tuesday, September 21, 2010 10:32:25 PM
Prices-- yes EP... time to dip a toe in-- yes absolutely IMHO pending tomorrow's activity 
But investment worthy-- not just yet IMO. Too many danglers in both the equity track presently and the fundamental track looking forward post-permit.
I'd feel a lot more comfortable with a few more things panning out. (One of which is the float trading more regularly in volume like today-- I like that progress.)
Money Flow mid-range 3-cycle peaking, high-end has room-- need a push thru this confluence of upper-bb, horizontal resistance and MA50. A good test to see just how much this lower float can move w/ an absorption drag. Short-term target would be 1.18-1.34
But investment worthy-- not just yet IMO. Too many danglers in both the equity track presently and the fundamental track looking forward post-permit. I'd feel a lot more comfortable with a few more things panning out. (One of which is the float trading more regularly in volume like today-- I like that progress.)
Money Flow mid-range 3-cycle peaking, high-end has room-- need a push thru this confluence of upper-bb, horizontal resistance and MA50. A good test to see just how much this lower float can move w/ an absorption drag. Short-term target would be 1.18-1.34
