Thursday, January 16, 2014

SIIC Env - Possibly Seen The Top At 0.205



We could have possibly witnessed the top for SIIC Env at 0.205. Since there is no way that I can short this stock so if it goes up higher, I would look to secure and book profits for this counter instead of going long. There was a profit taking from the BBs and now maybe the time for it to get distributed with low volume then spiral downwards when the time is riped. It's too risky to go long at this juncture.

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Ronald K - Market Psychologist - The Big Speculator