waiting to explode, page-8

Your Welcome Shelly.
Hard to predict with many stocks, each have their own trading pattern. Day trading or casual trading can be fun at times but can also be costly if your not careful. Whilst I have done it myself on many occasions I have sometimes made good profits and other times lost on the trades. Day trading (i believe) is great fun during bullish markets - better chance of success.

I can see you feel cautious with SLT at the moment because of the past selling pressure and there's nothing wrong that, and you feel the need to lock in profits will market sentiment is strong. However, we have seen some good volume over the past week and depending on the current holders some will be patient to hold for next announcement while others may not as they begin to see any changes in market trend they will most likely follow the trend.

As with many stocks anything can cause buying trigger or selling depending on the news. I took the risk of buying another 20,000 shares last week with SLT and today it paid off, however it could have gone the other way. The chart is looking good and bullish, how it will trade over the remaining week will depend on market sentiment.

With talk of elections, free-trade agreements, profit reports, Oil prices hitting all time highs, and further terroists attacks many investors are being cautious.

Nevertheless, this stock is on the radar and many will want to hold expecting more positive announcements to come. I don't think it will fall back much although you might get a seller or two who wants out and dumps their shares and some lucky buyers will get their price.

We will have to wait and see.

Cheers,
Ace.