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Re: losing money here post# 593

Thursday, 06/16/2011 9:43:37 PM

Thursday, June 16, 2011 9:43:37 PM

Post# of 1710
Hard to say. Last time I thought the support was pretty good in the .69-.70 range. It dropped (albeit for a short while) below...

Maybe it hits .65-.66 and rebounds again... or we crush those supports on the way down. It doesn't help that the uranium sector and just basic materials as a whole have gotten beat to hell lately. CXZ (and a lot of other uranium mining plays) seem to follow the materials market as a whole pretty well--if that turns, I bet CXZ follows suit close behind.
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