BIO,
no doubting your call, you were spot on. As was mine regarding rally. It was good until middle of the night.
What I'm trying to say is, let's just say you were short from 3950 2 weeks ago, and rode it down to 3750, and you covered. Would that mean because you are bearish overall like I am, you'd look to short at 3950ish again?
Because you might as well pull your shorting pants out in the next 24 hours or even now, since we're almost at "short territory" again based on your past picks.
However, does the massive spike in 2 days change your view that yours now is no longer a price level short but a time level short as in Friday?
Because that would imply you were not short the price, but the momentum.
That's just what I think anyway. Please don't think I'm having a go mate, just wanted to understand thats all. I mean if you "foresaw" 200 points in 2 days, you'd be long and boots strapped in.
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |