Replies to post #271 on Reeds Inc (REED)

[DarkLady]

I also am purely a technical trader. I still have a decent profit. I am in for the full ball game. Sometimes I will do a little flipping. This may turn out to be a real shake out. I am sure we have a lot of flippers. It is set up perfectly for flippers. It will go up or down 20 - 30 a day.

[Slojab]

Look at the 6 month chart, Andy.

The trendline is very much in tact. In fact, the same pattern of profit taking occurred in early June.

Having got in at $3.15, I sold at $7. If I hadn't, I might have been apart of the profit taking last week, too.

Looking for reentry in the mid $5s.