Maybe just a mistype, BarraBob, nothing more. Maybe thats just it, if your posts offered more then it would be more influential. I think you were the fella who was banging the DYOR and there's no free meals with info coming from you?? Its a forum and some of us are after discussing info. Even new posters, may have years of market experience under their belts and would be silly to assume they are dumb.
I believe both long term investors AND short term traders would do their doe in if they relied on believing posts in a public forum lol! But credibility comes with correct calls, sensible posts and IMO, helpful research. I've just heard a segment by Marcus Padley of Pattersons Security who explained very clearly that "long-term investment" is a myth. Its for financial planners and administrators fees- the TIMING of an investment is crucial in determing the size of the ultimate returns.
Which brings us back to topic- today is the 1st solid reverse intraday on good volume since the whole week! Its not exactly the same, but I saw 1PG sold down yesterday with a similar long candle, REVERSE with strong buyer support, to close on a high. Then today it gapped up and swung a full 11.8% in the green. We reversed today on even larger volume, stochastics are rock bottom and have "crossed over", we are smack on RSI 50 supports- a good indicator. Falls have been significant and there's plenty of room now between 19.5c and 12c.... Folks, whats the chance we will get a similar or stronger surge bounce tomorrow after we have been so heavily sold down???
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