RE: Not Rocket Science hereWell I decided to fill my entire position today at .31
I know that .30 is a critical support line and will be fast on the sell button if it looks like it could break it, but the market is in serious red right across the board and I am going to use it as a buy indicator for this play.
I also see that Scotia had no problem picking up a million shares of this stuff so there is a comfort zone there too.
One thing this also proves is the reason why I never look at the depth for guidance as we recently discussed here.
It gave one the opp to dump and the other to buy...or an agreed arrangement.
So...my money is in once again, but only briefly if .30 looks to fail.
Happy Trading all,
Mediascan
ps. since I have gone back to strictly trading on technicals, I have actually been making small profits along the way while seeing what the heck this thing is going to finally do.