As of 8:52am today there is a false buy line in place, with 50,000 at 0.51, 20,000 at 0.515, 10,000 at 0.52, and 2,000 at 0.525. It's laying the scaffold for the emotional to build upon. After posting this message (or even as a consequence of it) it may become replaced by a true buy line at these levels. Whatever the case, this is always something to watch out for.
A quick pep talk for those who need it:
The majors will start pulling out all the stops from here on.
Keep your emotions in check.
Walk away, take a deep breath, recall what you were thinking a week and a month ago, then trade if you still feel you should.
Stick to your plan.
Don't trust any predictions or advice from anyone.
Don't trust other's valuations for MEO.
Don't trust support levels.
Don't trust the buy or sell line.
Don't trust international markets.
Don't trust charts.
There is a winner and a loser from every trade.
This is the season for mistakes.
Pep talk over =)
Good luck all.
- Forums
- ASX - By Stock
- MEO
- be careful...
be careful...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online