XJO 0.28% 8,114.7 s&p/asx 200

martis's - royal spanking friday, page-169

  1. 3,195 Posts.
    MSB caught a hard beating today pisces, if one was keen / quick / smart / reckless enough could have bought it out the bottom bollie on the intraday (appeared on the 2m, 5m and 10m) for 7.70 - 7.80 and flogged it off at 8.00 - 8.10 two times over today

    a few stocks I'm watching copped a flogging today, and most of the other ones put in big upthrust type bars, gapping up on open and closing on gap fill or even below the high of previous day, ripe for locking in and pressuring new holders (eg FMG, AGO, LYC, PRR etc)

    I'm not sure but I think in VSA they might be called "gotchya" bars

    great stuff... squeeze out the last of the shorters and simultaneously lock a new set of longs into losing positions

 
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