Friday, December 20, 2013 6:23:01 PM
I really though we'd be seeing .0060's around this time as selling has usually taken place for tax losses this time of year......it might still happen but i must say I am impressed with the strong hands .....or is it that people dont want the hassle of trying to buy it back with low volume...........either way it reflects a strong base.
as shown today it only takes small purchases to get this stock moving in double digit percentage gains...
I dont see any news whatsoever in the short term to make this move up..........an asean alliance possibly getting together excluding china to form an opec type arrangment in the south sea would be nice but that would be to let my hopes or desires get away from reality......
what is the next catalyst??? is this suppose to just dwindle until china decides to back off? I dont see that happening.....although thats exactly whats at risk.....I would love to see the usa and japan help the philipines develope sc72 just to put a finger in chinas eye and see this project rolling........thats one way to justify americas growing naval presence in the south china sea and in the process keeping china in check.
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