I'm holding out for the job report to keep fueling the market.
If that happens, these lawsuits and shorties shouldn't get a foothold. I think if we can get some upward momo, we should be golden. Shorts need a strong push and the doubt that comes along with it - and they'll fold like a house of cards. Thus far the line has held pretty well compared to after Q1. At this time after Q1 - we were back in the 2's fairly solid - that hasn't happened at all thus far (a very good sign).
So if the market keeps roaring this week - I'm going to guess we'll bounce around $3.75 by end of week.
Good morning guys great day here in Florida, Sarsota, you see, you guys make my day with your post and on my birthday today Iam 63, yes a baby boomer born 1946. If all goes well August should be good for this board of ppl. Like I said before Iam learn real fast with you guys and others too. I don't want to be greedy but man iam i tempted to buy more. Well have a good day to all, will be at my post Monday morning. Still a good roll call, and a few new ppl too. GLTU
Happy birthday Pmdkia. I am hopeful the August action in CNO will be for you, one awesome birthday present. Keep your ears to the railroad tracks and stay on your toes. Keep sharing the wisdom. GL Mojo
Hi DB, I'm looking for a push over 4 this week!! Yes all signs and moving averages point to 4 plus this week or next week. They will also announce the ST capital decision beginning of September. This is a STRONG hold through the next month of trading. We should be back to 6-8 bucs by mid September if not earlier. GL.
So you think we've already ate all the scared sellers?
I can see the short having to cover and give us a boost as their time runs out (anyone know how long shorts have to cover at this time? - A while back it was three days - but since the volume has gone way up, I don't know anymore).