RE:RE:almost time for this little rally to endtriplebull wrote:
Thanks Mr.Shareholder. I am too!
I'm thinking about buying more before they hit $3.
Do you think they will drop to the mid/low $2? That would be nice as a last pit stop before the run?
I think we will see another drop to at least the $2.50's. The trading range in the recent short term has been $2.50-$2.90. This is where I do my trading. Buy in $2.50's, sell in $2.80's. This range won't last for much longer. 4-6 weeks maybe, give or take a week. It is extremely tough to call the absolute bottom here so if you have a low average cost, it's probably best to stay put and ride out the short term volatility over the next few weeks. I don't think SP will get too much higher or lower than this range before it breaks out when the recovery begins. I am becoming very wary making trades at this point. Good luck to all.