Wednesday, August 3, 2011

HPH Trust - The BB Targeted Price Reached


As I watch HPH Trust's action today, I saw a lot of panic public selling when it touches 0.7. That's where I knew the MM had accomplished their goal of slaughtering the public into liquidation. I am affirmed and positive that this is the price the big interests are buying. However, don't be too happy yet, because there will be more fluctuations to come before HPH will trend higher. It might trend lower or it might stay at 0.7 as the low, who knows?

I will only look to long when more evidence of buying manifests itself. I am not interested to long on the low, but more importantly, long on the safe side, because that's where i know prices are ready for a breakout/breakdown.

Ronald K