GREY:FNKLF - Post by User
Post by
Triggermanon Jun 15, 2007 12:42pm
226 Views
Post# 12950102
katie
katieI already place my prediction. What's yours?
I can understand how the bag holders are whooping it up over todays 7% uptick . However, all downtrends have short coverin rallys . Heck , even when Nortel fell from $110 to .70 cents there were tradeable upticks along the ride down.
I'm not too concerned with FNI right now, just keeping my eye for when it might bottom out. As stated, my main focus right now is trading the overvalued Canadian dollar vs. the undervalued US dollar. Up over 10 grand this week ! Like I said, if you think you're an above average trader you should have a CMC markets account and play the FX market this summer. Throw 10 grand into shorting the CAN$ and if it pulls back .02 cents you seriously clean up! (Or , just sit there and watch and wait for FNI, your choice). I used to do that 10 years ago , got bored and frustrated and found a more productive way to spend my time.
You have yourself a great weekend.
What's you call on FNI in September? 8 bucks?? LOL