Tuesday, December 18, 2012

12/17 - LYRSR - news pushing higher...annoying

Don't get me wrong, i am itching to go long here despite seeing that it is already long in the tooth..but just for a day or 2 rally..but then after sorting through a few possible charts, i saw that we are still at reistance and its not the time to risk money on the longside...a stronger pullback will occur either making for a good long position at a much better price or a strong pullback after all this news is over that proves that we are now in a longer term stage 4 or stage 1 market




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