Maybe we are both not so different after all. Well it looks like we are both here for the same reason anyhow. That is to make money. It is just that our techniques to achieve this, are a little different. I just trade in the direction the chart tells me. And that is bearish for SIR right now. The reason why i have been taking short trades on the rallies. Trading can be a rollar coaster ride at times. There is no gurantee. Only probablitlies. The other reason i like to trade SIR. Is because of its volaitlity and nice trading patterns. I can make a decent return on a short period of time, on that stock alone. I am a short term trader. So i only like to be is something for a few days to a week the tops. Anyhow I just hope it can rally once more, so I can get another chance to short. As I also think SIR will see further downside.
SIR Price at posting:
$2.75 Sentiment: Sell Disclosure: Not Held