something up?, page-6

Finch - I agree with you that GFF is arguably undervalued. However I am a very short term trader, and a jump like yesterdays along with the media pushing GFF is too much to ignore. That is all I am saying. Also a lot of longer term traders use a 25% retracement as a signal to close a short - so that tends to be the price a move goes up to on a downtrending stock, to clear out shorts and add some volume.

Theory is 25% is a definite change in trend. Not any more! So from 37.5c to 47c is 25%. voila.

So now I might sit on the sidelines and watch. I'd love to see GFF start and maintain an uptrend.