G'day,
I honestly think we may as well all go to te beach for next 6 months. The market at the moment is almost untradable.
As a rule i only trade stocks on rising trends and they are very few and far between on a tradable basis. ASC maybe ( I have moral reasons not to) GNS maybe.
ATC on a technical basis should have bounced 2 weeks ago, yet went straight from a rising trend to a falling trend. This is one example.
I presently don't own any stocks and am hard put to see anything worth buying. (One of my other rules is that if I wouldn't comfortably buy a stock at its current price, then I don't hold it.)
I think coming months could be turmoltuous. We must not forget that Osam and Sadam are very much at large and GWB can be equally dangerous.
I remeber the busy times in the market wishing for a break. I think this may be the time to take it without missing much profit.
Take care.
Beach for next 6 months?
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$64.65 |
Change
0.980(1.54%) |
Mkt cap ! $12.53B | |||
| Open | High | Low | Value | Volume |
| $64.50 | $64.85 | $64.14 | $15.02M | 232.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $64.64 |
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| Price($) | Vol. | No. |
|---|---|---|
| $64.70 | 1008 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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