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S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,267.20
(
0.48%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.43
(
0.29%
)
Bitcoin
61,515.50
(
-0.48%
)
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dbelmont

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dbelmont

Re: None

Wednesday, 07/20/2011 10:16:18 AM

Wednesday, July 20, 2011 10:16:18 AM

Post# of 6903
Flirt with .40 today

My crystal ball sees flirting with .40 as being consistent with the trend. Baring news that acts as a counter of course. We opened with low volume (~800) at .35 but came back to .37 (as of 10:13 ~ 28K at .37) within minutes. I think that speaks of interest and a common recognition that the upside potentials are greater at this price then the downside. And that this is likely to move fast once it breaks.

If we saw announcement on the money issue for workover that could also accelerate the trend upward. I'd say .44 depending on when the news came out for today but couple that with a schedule for the workover and who knows.

Like always you place your bets and takes your chances. But I've been feeling positive all week.

Fortune to us all
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