thanks
@snoutyes there was a trade on adt from $3.20 yesterday to $3.50 today
i find it useful to realise that once you pick a horizontal we normally do see a reaction even if it proves to be temporary. support or resistance up higher. it reacts.
also the open this morning saw quite a few green. most are now fading back somewhat but it gives a clue on which ones are likely to keep rerating if conditions remain favourable and shows their internals are right at this point of time
mqg wbc nst are some still going up here at the lunch half time break which indicate more in them
the ones fading somewhat now like alk svl ivr well it just isnt their time internally
but will see. if macros keep shaping up and they announce something then off we go with them
i am not giving up on them. the last report of alk was okay and shows things will get better for them especially with a higher pog
rsg rrl spr and others are all okay
cmm and rms took yonkes to fix themselves and now best performers
but hard to go past nst from 10c days. still leading the pack. good management?
other point from this morning is we still see a wide spread of buying. gold yes but also banks and bluechips so where to from here. who is buying. retail does not pay $208 a share for mqg. funds buying back in?
as someone famous once said "Wise fools"
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