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Friday, December 7, 2012
Holding during this snoozefest.
All systems continue to produce hold signals. For 7 days in a row, the closing price range for TNA has been an amazing (or perhaps amazingly boring) 53 cents. Has that ever happened before? This is probably the calm before the storm. A big move may be coming, but beats me what way it will be. I hope it's down, then up. Seasonality might support something like that as it's relatively weak the next 5-7 trading days before turning exceptionally strong around the holiday. Have a great weekend!