Hi Grant62: Fortunately we have people like yourself on these boards are able to provide a logical viewpoint, unlike the likes of Claws and Meerkat. They seem to have been caught up with their own immature opinions. Anyone who refers to any company trading on the ASX as a dog does not understand market dynamics and should be leaving the share market alone for their own financial wellbeing. All stocks trade between support and resistance levels, the actual share price of a stock is immaterial in relation to where it was six months or a year ago, or whatever time frame they are referring to. All that is important is that one is able to analyze a company’s share price now, that being the present, and draw logical conclusions on where it is heading in the near future. Apparently, people such as the two above that I have mentioned, have failed in this area and now find it very hard to contribute in this sort of discussion. The answer for them lies in learning how to identify shorter term trends, rather than the dominate trend and learning a few basics. Will get back to how SIE is being traded over the weekend.
SIE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
