GREY:DULMF - Post by User
Post by
jewel1on Mar 22, 2010 7:33pm
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Post# 16911380
Time Frame For POM Permits
Time Frame For POM PermitsI am beginning to wonder if DM will stay down a long time because it may take a long time for the decision to be made about whether POM receives permits. According to Mkt. Call tonight the guest, Robert Sneddon, ( who is a technical analyst) if DM goes any lower then it will be breaking a trend line. I am wondering in the short term if it would be better to abandon ship and move into stocks which are going up, not down, such as VEN and CSI for example? I keep wondering if now that it is oversold if it is at the bottom of a channel and will bounce up, whereas they are at the top of a channel and will go down from here? I am sick of watching this stock go down. All of the enthusiasm seems to have died and very few guests on BNN seem to follow it, so I was surprised that the BNN guest discussed it, however his comments didn't make me particularly hopeful.