Sidon International Resources (SD, TSX-V) has been weak lately without an “up day” since September 20…its primary trend, however, remains positive and powerful as the stock is strongly supported by rising 100 and 200-day moving averages…a correction in the stock in that kind of a situation has to be viewed in a bullish, not a bearish, sense…investors often lose sight of the bigger picture and have a tendency to get bearish when they should instead be bullish, or vice-versa…when there’s a Boxing Day sale, shoppers sometimes start lining up the night before…when there’s a stock sale, the same people often make the mistake of getting scared and they run away – the exact opposite of what they should do…successful traders and investors are patient ones who learn to conquer their emotions…fundamentally, Sidon has an excellent project with its Morogoro East Property in Tanzania…it has raised $1.7 million this month and is in a great position to make some things happen during the final quarter of the year…SD is currently up half a penny to 11 cents…
