daytrade diaries... february 11, page-47

hey ndl3ss,

the reason I highlighted SSN also being affected by the VIL announcement was the fact it was mainly treading a similar path to the early breakout of VIL and also it is in the small sector being oil/gas exploration.

it is still highly likely traders/speculators will try and run SSN higher, but today's announcement by VIL will cap that explosive move to say 4.5-5c that was very possible as at close yesterday.

there might be a solid trade in SSN today, just keep an eye on the buying momentum.

I do really feel sorry for those caught holding VIL overnight and hope that it does bounce back over time, but it is certainly one that I will be leaving alone now much like BCC and BUY.