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Cameco Corporation Message Board

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  • just4dummies just4dummies Dec 25, 2005 12:52 PM Flag

    A pall has fallen across the board...

    I'm for a U Monday myself, but we'll just have to wait till then. There seems to be some possibility of a little weakness, but it's not unusual for prices to go higher in spite of the internal indicators. Sometimes it takes a little longer to correct while the internals are slowing down. That's what traps the impatient shorts into selling too early, and then getting punished with a nasty short squeeze. They aren't always wise enough to wait for the best time to sell, because of their greed. But, like they say, even a broken clock is right twice a day! So, we'll just have to wait and see what the prices do, because prices are never wrong, despite what ANYBODY thinks. There's overbought and there's oversold conditions. However, when the stock price gets exhausted enough, it'll know when to change direction on it's own. MERRY CHRISTMAS!!!

 
CCJ
13.62+0.17(+1.26%)Aug 28 4:07 PMEDT