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dmlabuda

02/08/12 10:57 AM

#645 RE: surge1k #630

Perhaps there will be higher prices this year but, right now, the odd are that it's headed a lot lower before it goes any higher. Sort of a Mexican Stand off this morning in SBCO. Buyers are being greedy and wan lower prices and the sellers are being patient and in almost and hour of trading nothing is going on over here. When you have a sluggish market like this, the price always tends to go in the path of least resistance and that is down for a stock that is trading below it's 200 day MA.