tbv I was looking at the MA and I think you are looking at the EMA? The 200 day MA hasn't been violated. In any event I hope that the 200 day whatever isn't where support resides on this leg. A bounce off some support coinciding with the 50 day would be acceptable.... However I am not a seer or technician. I still like the fundamentals better in this sector than anywhere else in the markets. They haven't changed this week as near as I can discern.
Remember the u's tbv. Most apt comparison for me as to what we got going here. UEX, My Precious, ten bagger for me at $3 and there was lots left in the tank. Here on iHub we got antsy early and blew the op for the real serious money. eg. http://investorshub.advfn.com/boards/read_msg.asp?Message_id=8041932&txt2find=uex http://investorshub.advfn.com/boards/read_msg.asp?Message_id=5582796&txt2find=uex Are we going to do it again? Better not, these situations don't come along too often. I guess it depends if one is purely a trader like Red or if one has a somewhat longer time frame? Size of one's virtual cojones (or ovaries) matters also perhaps.
Is it a bubble in the grass roots? I don't think so. Are they ahead of themselves? Maybe. General markets are skittish affecting us here. Is BHP, Xstrata and whoever else is sniffing around these little gems watching the charts hourly and twitching? I don't think so.
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