GREY:UEXCF - Post by User
Comment by
Messengerofdoomon Aug 20, 2010 9:27am
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Post# 17368409
RE: RE: Pullback to below low 80's
RE: RE: Pullback to below low 80's
with all this negativity in the markets over last few days, I don't see any incentive for U price to go up next week. Going back to 70"s is quite possible for UEX
TSX has been in a downtrend since April 26 and each little rally results with a fall to lower low. I would not be surprised if TSX was going to take out the July 6 low.
I know that the dreamers and longs will not like my theory but reality hurts......