GREY:SGGDF - Post by User
Comment by
stockmoveson Oct 29, 2007 12:10pm
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Post# 13709353
My take...
My take...We had an explosive run from 17-80.... we fell to 40 and bounced 50% to 60.. shorts came in heavy to try and get a shot at loading this play as low as possible... u dotn get an immditae recovery when this happens.. it will vounce around a little.. and i will trade it as it tests support levels. but u need to give it a few days for the recovery to start.. the close will be vital... if it closes below 44 u get in much lower... so use caution.... im not jumping the gun here... shorts have to grind it low enough to get you to loose faith, thats how it works, and just when many capitualte it doubles in an hour as they cover.... so trade accordingly...