WES 1.92% $68.57 wesfarmers limited

dare one say u are bearish??, page-24

  1. 11,092 Posts.
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    Toosoon - sellers are lining up at present - not buyers. When this changes I will be out. In late december there were typically 500K approx buyers to 220K sellers on the screen. Current there are 280K buyers to 405k sellers.
    Currently there is desperate "long covering" going on, and taking of profits after a massive ride. The value buyers will be looking at a fully priced company IMO.

    Scooby - cannot tell you what to do, but am sorry you topped up at the wrong time. At present it looks very bearish, but you never know when the sun will come out again. I don't know what the equilibrium price will be, and the half year report will move things one way or another soon.
 
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