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SandRidge Energy, Inc. Message Board

  • divin4tacos divin4tacos May 16, 2013 9:29 PM Flag

    FED trumps ALL .....

    I don't care how good your stock is , when the FED "hints" at slowing the printing presses , the market is going down ....... and that's what happened today ...... and wow , the timing seems so "convenient" ...... Time for a bit of bad news for a week or so ...... you know the drill ......

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    • Dear Friend Mar's ;;; Like My Daddy used to say " A government expert is one who can complicate simplicity".

      Happy Payback Himself;

    • here's my "cautionary take" with SD ..... we never saw the huge volume spike once it supposedly "bottomed" a week or two ago ...... just drifted up 75 cents ..... I'm just not "convinced" of this "rally" , and I THINK , SD "bottoms" again , and we WILL see some huge volume buying that says - "Dis Rally Got Some Legs Now" ..... Just my humble 2 cents ..... sure has been lacking conviction with volume ...... you know the big boys wait until the very last minute to pile in , so , I think we go down down down , one more time , and BOOM !!!!!! 30 million share day , from low to mid 4's , and she flys away for good 7.00 + ...... just a hunch , and maybe 4.90 is as low and they can get it this time ..... we'll see ..... I know a lot of money is coming into the market nowdays , and we should be in a long term uptrend (how can we not ??? 10 trillion bucks printed ???)

 
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4.54-0.23(-4.82%)Sep 22 4:01 PMEDT

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