Replies to post #248 on Strategic Resources, LTD.(fka SGCR)

[mick]

me again, i'm chatting about this company. SGCR

it has gone down from recent highs.

why, i guess supply and demand.

need to get a stopper here for falling south conditions.

http://www.americanbulls.com

may help us with a clue to the buy side.

[mick]

sgcr

http://www.americanbulls.com/StockPage.asp?CompanyTicker=SGCR&MarketTicker=OTC&TYP=S

WAIT


Today a Black Opening Marubozu was formed. This shows that the day opened and prices continuously went down but they did not close at the low of the day and thus they created a lower shadow.
For more about this candlestick click here.


STRATEGIC RESOURCES LTD
Daily Commentary


Our system posted a WAIT today. The previous SELL recommendation was issued on 05.10.2007 (20) days ago, when the stock price was 1.0300. Since then SGCR has fallen -41.75% .



Our WAIT tag says all that is to say. Stay at cash or check the other stocks while waiting the next signal. Do not bother with buying or short selling this stock as long as the WAIT tag stays.