GREY:SXRZF - Post by User
Comment by
thiggins4193on Mar 21, 2009 1:20pm
341 Views
Post# 15860671
RE: RE: RE: RE: RE: who 'called it'???
RE: RE: RE: RE: RE: who 'called it'???dont get me wrong, I want back in, but at this level its a mistake. I agree its going higher in the next year, but again, not before a stop lower than I sold off which was 30K shares 2.26.
We have been in another sucker rally similar to the one in early January, Oil was back up from low 30's to 50/bbl, TSX his 9K + and all of a sudden, new 5 yr lows. UUU went from 2.30 to 1.66 or so in that time, Oil back to 30's, dont forget that( all the while you were calling the same 2.75), that same pattern is going to repeat itself.
Not sure UUU wil go back to 1.66, but 1.80s sure, under two, absolutely....just watch.