GREY:MIGGF - Post by User
Post by
moneydazeon Dec 12, 2008 6:33am
388 Views
Post# 15642158
profit taking
profit takingGood Morning from Kandahar!!
Today do you figure we will see a fair amount of profit taking given the run we are on or as the indicators suggest will we trend upwards to the 6+ range with the confirmed double bottom. we hit 5.34 yesterday which was not sustained and the trended lower for the remainder of trading. I got out in at 5.25 and am looking to get back in under 5 if possible.
also we should see more people buying more stock once we close over the 5 dollar mark as this is the amount required, at least by my brokerage for 70/30 margin.
Well good luck to all today (skill i know)
Cheers, Moneydaze