Wednesday, August 18, 2010

Bought CDY - $1.07

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This is Cardero Resource Corp (CDY).  I could not resist buying another slug of this today at $1.07.  Practically everything that defines my perfect setup is in place.  ZERO line crossover, breakout of both TSI and MFI.  Buying volume picking up.
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You may recall that I did a post on CDY a week or more ago.  Since then I have accumulated shares three times.  
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No other sales or purchases today.  Once the US Dollar begins to fall, particulary once it falls below 82, then 80, the stock market should be off to the races.
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My TSI trading record has been updated to reflect this purchase of CDY.
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Click on the chart to ENLARGE

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