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koondog

05/21/10 8:06 AM

#422 RE: Bradythebest #421

The market has me wondering the same. If the Euro contagion doesn't get under control soon then nothing would be a hold. Right now we're still in correction territory and might continue a little more. Whether to hold this one or not depends on your time frame and risk appetite. Personally, I'm down on this one and should have cut my losses already. But once the overall market finds support, MMG will too.....just might have to wait a while. On a 5 year weekly chart, this is way oversold but also right at it's final support area.