asx 200, page-51

You're not going to like what I'm going to say Nuke. Apart from the very real threat of markets breaking down, and the fact that I will have to cop a loss somewhere to free up some cash, tomorrow I would be buying ACR.

Good volume today but that volume appears to be pushing us back up from the low of 3.48. You can see we closed above halfway, there is a very real chance that was the low of this swing. if we have one more weak day i want to see lower volume as retail investors panic sell it down a little to 3.44 or so and then the money comes back in. My favourite indicator, the CMO has turned up at support.

Do remember, ACR is one of the few stocks trading above it's 200ema in this market, think yourselves lucky.

If I buy any stock tomorrow it will be ACR. Here's the chart.....remember if it breaks this uptrend all bets are off, but if it bounces i will be jumping with all I have.

PS Nuke, I put a little sell flag when I sell a stock, imagine a flag on today, is that selling high or low??