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Message: 25cents is the floor

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25cents is the floor

posted on Jun 19, 09 05:35AM

as long as SMH holds price here we are off to the races as soon as consolidation is complete. Stock took a nice run, came down, held and now decision point is at hand; sdoes it drop further ( what is the impetus for that?) or does the available shares for sale dry up forcing price back up.

My money is on price increase, so in theory that makes now an important re-load opportunity to sell 1/3rd into strength, which is the traders adage according to JS Mineset

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