Short Term Trading Member Forum

[BlissBull]

No time to post - (had visitors)

My order for INTC April 25 calls was filled on the opening dip.

The reason I would have liked to short ERHE today is because it hit a 30% retrace of the decline from the 0.95 double-top almost a year ago to a low of 0.28 - In doing so, it formed a perfect rising wedge (daily chart) Volume was less than the previous test of resistance, and the volume of posts on the ERHE message board at Raging Bull is twice as high as the QQQQ board!.... Fundamentally, I just don't trust all the hype about potential reserves when nobody has drilled a single wild-cat (or even been awarded permission to do so) In other words, I think a market cap of almost $450 million is ridiculous for a company based on nothing but speculation! LOL