re: 16.70 here we come mmm for me anything under 17 is a buy.
i shorted it twice this week but stuffed it up. i should not have closed the short i opened yesterday but i did. then i opened a short on open today. i made a profit on both occasions, but the profit was not nearly what it would of been if i had of held the short overnight.
i thought it was going to open today around say 17.30-17.40 ... was really surprised to see it open sooooo low.
never mind.
took out a long possie with BHP today, its looking good (not taking any notice of the down day in europe - its a top company, it'll bounce, it always does, and we are in a resources boom and its the biggest)
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