I don't like it. Too many people are short. It's not so simple to make money.
Then again, I'm really not that short on a short term basis. Most of my stuff is from 5% higher from here and like you BIO have a longer time frame. I was referring to short term punts.
Not enough people are long for this downtrend to really hurt.
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Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |