POG has reversed the downtrend that started from the March 17th high, and should resume the uptrend this coming week IMO
I'm also of the opinion that the main markets are due for a false rally to possibly 11,550 DOW.
SOme miners took a beating on Friday (see EGO, SWC, AZK..........) and should give us nice entry points AGAIN to make the same money once again!!!!!!!
Please don't get annoyed if I become obsessed with QMNM this week as we could be on the verge of a MAJOR breakout. Hopefully produstion begins and we start to see significant appreciation in the PPS.
Good luck to all!!
Any opinions or plays you guys are looking at??????
2 comments:
I think this week will be big for QMNM. This is my first penny stock and I have learnt a lot over the last 3weeks. It has been both up and down. I look forward from hearing and learning from you all.
Back from the beach - awesome time and wish I could've stayed a lot longer. :)
I'm liking QID on a bounce up in markets...too many high p/e momo's still haven't really taken it in the chin yet b/c people still think this economic 'downturn' has bottomed and 'next quarter will be better'. I disagree.
QMNM will hit a home run if they start production this week. If not, it'll get halved. Place your bets; I'll probably add a bit Mon am if I like the action.
I read through the yahoo message boards re: QMNM - reminded me that there are a lot of weirdos on the internet.
Hope everyone had a great weekend and let's make some money this week. (also like the EGO play suggested by Joe as the 7% drop end of last week was overdone IMO).
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