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Thursday, January 14, 2010

SQM and Cramer

Cramer got in the SQM game, realizing the benefit of the play. Welcome to the party Cramer (see video/article) He does say to hold off on purchasing, and wait for a pull back. Anyone reading this blog knows I agree. IMO, SQM needs to consolidate.

SQM is at a very light support level, while still being fairly overbought. I still think it can trace back between 40-41.

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