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Message: Can anybody explain...

Re: Can anybody explain...

posted on Apr 10, 2008 10:09AM

In my opinion, the weekly chart is more important than the daily chart if you are LT. Even more important is that both charts are going in the same direction for which they are. We have the added bonus that we are not trading against the indexes so I would just sit back and relax. Two weeks ago this stock hit .66 cents and today I see a new upward trend.

Last September I backed the truck up when the stock was .24 cents. Almost immediately it hit .19 cents and sat there except for a few dips to .17 cents. This stock is not like a mining or oil play where you are gambling what is going to be at the end of the hole.

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