well melua, maybe you are right. I do have a finite amount of capital I am prepared to risk going short, and until that runs out, I stand by my thoughts.
You are right in saying that people over react on the downside, and less on the upside. Having said that, its only been 12 years I have been trading, and in the grand scheme of things, really baby steps, so I probably am just justifying my own position, and my confidence is sapping daily as the market inches higher.
Today's price action is interesting though....all set to gap up and a severe pullback from the opening.
What do you then make of it?
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Last
8,556.5 |
Change
-73.800(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |