MOL 0.00% 6.9¢ moly mines limited

over bought, page-16

  1. 1,538 Posts.
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    one-up and leng, thanks

    Yes, I keep ins and outs for profits to protect my capital. DOW and XAO recovered too fast and too soon, chart is in red area and start falling. Chinese over stocked up resources in the last 3 months. They may slow down in buying. If this happens, then sp of resources maybe down soon. I maybe wrong, but ins and outs for quick profit is safer for me. I think MEO still fall, maybe 42/40, I wait for few days before getting in again.
    Some one said FMG is never over bought, yes, ppl kept buying more up to > $13 and what is price now? BABCOCK & BROWN, CNP and so on are big lessons! That is why I keep my way ins and outs for profits to avoid stuck at the top.
 
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