TSX:SRU.UN - Post by User
Comment by
SunCasperon Jun 01, 2007 4:37pm
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Post# 12879961
RE: Zeta - Techincal Question for SRU
RE: Zeta - Techincal Question for SRUCoredigger
I am not a T/A expert, but I know it is just a tool
After awhile, certain patterns are recognized and give a better than 50% chance that the future will be repeated. But never 100% of the time.
With SRU, there are strong fundamentals, and there is no question that there is manipulation going on. Even at the end of today, the bulls staged a late rally and caught the bears napping. The bears did react but run out of time to turn the tide.
Rest assured the games will continue on Monday.
I believe that institutional buying will win out, but it will at the expense of retail shares - that's you and I and Lanny etc.
I'm in for the long haul. Took a little profit, that's all.
Good luck to all
Cheers
SC (my anti-spam code says PAY, no mucking way, I say) poetic