OTCQB:UEXCF - Post by User
Comment by
st0ckpickeron Oct 16, 2004 2:04pm
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Post# 8056369
RE: Junior Uranium Index
RE: Junior Uranium IndexIf we have a bottom here or are close to one it would make sense to see some base building. It would probably look like some up and down trading for some number of weeks then a charge to the old highs. It would be really healthy to let the 200 Day MA catch up with us here before we go off again. When the speculative frenzy hits though you just cant always predict. We might head righ back up to those old highs but it wouldn't be healthy. I would think we will be making new highs six months from now and wouldn't be at al surprised to see several of these stocks double again in that time frame. I do like DEN but have such a full load of the littler guys that I don't have the cash for it right now. I did trade a little piece of it during the week when it bottomed.