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Re: Traderfan post# 4644

Thursday, 09/23/2010 4:24:07 PM

Thursday, September 23, 2010 4:24:07 PM

Post# of 34471
Besides holding well today, let me bring another point.

CCME is under extreme scrutiny. Personally I have read/checked as much as I can about CCME. I believe that many other investors did the same. At least some shorts were/are trying hard to come up with something so they probably study a lot too.

What does all this mean?

That we have very high level of confidence in CCME. Such collective scrutiny as is taking place in CCME is unparalelled.

As for me - yes, general market situation is touchy. But as for CCME itself, my confidence in it actually rose and is still rising during past weeks and days. And it is gradually not just for fundamental aspect but also for technical aspect (price action).

I am curious how other investors/traders perceive this.

Jiri

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