Monday, March 27, 2006

Falling knife (Mills MLS)

Here is the chart of Mills Corp (MLS chart). The stock is down for a number of reasons including SEC scrutiny. It is an exciting game trying to call "bottom." Most of the time it is safer to let someone be the hero and buy on a retest of a bottom. For those that want to play the game, often high volume and really terrible news are indicators to look for.

Easterline (ESL chart) is another stock that came up for a look today. Didn't buy any but will keep watching it.

Another recovery high for silver. Gold is close.

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