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trdwatch

05/05/11 5:36 PM

#640 RE: swing_trader #639

I'm watching this again too, swing_trader. :-) When I called a bottom bouncer @ .40 last year I got in @ .43 and played just past 200% but it went up 900% from my entry - Your call of 1.49 may be close and I think it'll begin to slow its drop close to that but I feel if the market continues its correction this month I'm thinking a little lower & to get back in between 1.19 and 1.30 before the bounce. That's about where it stalled before its big run above 3.60 - hard one to call yet and maybe I'll miss it but it is undervalued IMO. -GL-