P&F hi/lo said to get out of SMN, but the 'close only' says to hold on unless it drops to 30-31. Three month or greater regular chart shows that I should stick it out as the 50 and 75 EMA are acting as support. The 250 EMA is acting as resistance at 39.44.
I had been looking to exit at 39 with an eye for the price to go higher. Now I question myself.
Same with C. Both P&Fs and 3 month or greater regular chart show it going down. But it is zipping up.
I suspect that until the credit crunch works itself out the banks will move real odd. I think I'll not touch them again for a long while.
Custom Search
