A social location where extremely basic thoughts necessary for higher functioning are displayed.
Thursday, December 13, 2007
There may be something to say for Cpsl after all, going into stock expiration has got many investors bearish, not much room for a gap up during a china rut, I've been at the short since the peak on the 7th, maybe. The early november gap down trend leads me to believe a short rally may take place rather quickly and strongly as it has happened before. The bull in me wants to think any trader knows there's not enough fill for a pressure play at this volume however, a little upside on slightly higher close leads the shorts in for the squeeze. Plus the RSI is passing the 50 on a 14day average.