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A good push down today and being capped every pip on the way...

  1. 7,294 Posts.
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    A good push down today and being capped every pip on the way down(1.8m waiting nowon the sell)....

    There are a few biggish orders waiting in the 3.4's and 3.3's......Are they selling to themselves forcing stop losses to come in and mopping up....

    Easy to do with sentiment for now very weak with delays and the "Covid" effect taking a good grip in NSW and again in Victoria today to instil even more fear for at least the near term....

    Some will average down and take the opportunities but how long is your risk appitite if you ha ve been here for 10yrs plus and done a tin of it already.....

    Sure it will bounce when ever its ready too but it is a bit gut wrenching seeing red almost every day knowing the wait for news is some time away...
    Last edited by mattyedw: 20/08/21
 
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