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expectations of jorc upgrade, page-46

  1. 2,513 Posts.
    No offense taken. I didn't mean to imply that what you were saying was sinister, just that cross trades aren't always manipulative movements.

    There has been no news since 13th August, so I think that yesterdays move was firstly a move by someone to take a position before news, then followed up by others hoping that this was the movement pointing to a positive ann.

    Consider it a false start, but there will still be a race on soon.

    I don't think it was people selling into news, it was people buying into the expectation of news. I also think it is as you stated: if news doesn't follow shortly and vindicate yesterday's movement, there will be a retrace until a rumour or maybe even (shock, horror) a real ann.

    I think an ann is going to happen very, very soon, but in EXM speak, that may be later than I think or hope.

    I am holding and investing on what I believe will happen, so I guess there is a little emotion in it for me. I envy your ability to trade without emotion, and I hope to be in that mindset soon.

    All is good




 
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