If you think the DOW is going to correct, then you should be selling other stocks as well.
Where is the logic of selling HFA and getting into something that has been moving up if you believe the market is about to go backwards?
What you are doing is speculating, which is fine....if you like to gamble.
But when you and every other poster on this site is saying that the market is about to correct, it might just do the complete opposite and surprise you....expect the unexpected with this market.
Those stocks that have have had massive rises will retrace substantially if the market tanks. HFA is still 80% off its high.
Tere are two very distinct points I believe have occured with HFA.
1. The day traders have lost interest and are not watching HFA at all. No signals have been given off by her trading over the last 1 month...the volume is testimony to that, as is buyers to sellers ratio.
2. I have noticed, a hint of accumulation....I should say smart accumulation over the last few weeks.
Both just my opinion, and I have nothing to base that on.
DYOR....but I believe we will see another substantial notice in the next few weeks.
Kiril.
I hold.
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Last
$1.76 |
Change
0.060(3.53%) |
Mkt cap ! $862.5M |
Open | High | Low | Value | Volume |
$1.68 | $1.77 | $1.68 | $273.3K | 157.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2006 | $1.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 2158 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2006 | 1.735 |
1 | 6000 | 1.700 |
1 | 30389 | 1.645 |
1 | 1000 | 1.620 |
3 | 19172 | 1.600 |
Price($) | Vol. | No. |
---|---|---|
1.760 | 2158 | 1 |
1.765 | 1337 | 2 |
1.770 | 46534 | 2 |
1.775 | 1337 | 1 |
1.785 | 4200 | 1 |
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