Revolutionary Innovation Through Science

Engineered a Faster and More Efficient Way to Absorb Nutrients, Medications, etc.

Free
Message: DEGH Closes UP a Touch

Closed at 0.309 on volume of 112k shares.

Support at 0.293, then 0.275. Resistance at 0.323, then 0.335. About 10%, then 20% range.

DEGH volume may be even lower tomorrow. Monday, Sept 5, is a US Market Holiday. Last "summer" Holiday Weekend. Many take off Friday to extend the Holiday weekend.

US Market was unsure today, in an almost out-of-control way. Many seem to be playing the Fed meeting later this month (September). Not so sure of QE3 having an official announcement. QE3 has been happening with the Fed continuing to buy their own bonds in a stealth manner. Anyway, bad news, which supposedly puts QE3 back on the table, drives up the Market - as happened on Monday, Tuesday, Wednesday. But, wait, it's good news for jobless claims. Well, actually only better-than-expected because still not low enough to drive overall unemployment numbers down. So Market goes higher. Uh Oh, gotta try and be consistent here because good, better-than-expected, news is bad for QE3... Plus, Jobs Numbers tomorrow will probably be bad. So, down we go. Arg! Hold on... Shouldn't we go up on possible Friday bad news to play the Fed meeting? All confusing, but quite entertaining.

Anyway, Hang in there and hope all your stock plays work out for the best.

Share
New Message
Please login to post a reply