Unfortunately logic does not work in market and does not make us money.
Market will ultimately decide what price a stock should be at one particular time. Analysts are just analysts and they are not traders and they use tools such as economic model and prediction or forcast of how fast world recover and how much demand there is going to be in the future for aluminum etc etc.
If I have to decide only on those 2 figures then I would go in somehwere beetween the two.
Today we saw a massive move from low to high and that was interesting and indicated to me market could not make up their mind and finished almost flat and the real reasons will never be revealed. 90 cents was tested but defended, also interesting, where to from here no one knows, but market may give me a better clue in days to come.
To make a move based on logic or emotion is a suicide.
Cheers,
AWC Price at posting:
95.5¢ Sentiment: Hold Disclosure: Held
