CBA 0.30% $117.99 commonwealth bank of australia.

up 1.2% at open ... , page-3

  1. 5,822 Posts.
    re: up 1.2% at open ... arthur Hi Arthur ... now you are trying to scare me ... lol

    My entry yesterday was modest ... and admit my 'gut' instinct said that CBA was about to break ...

    As I qualified ... 'don't follow me' ... I am looking at a spreadsheet that analyses the entire Warrant series ... crunches real time data and I take profits at $0.001 multiples...

    This entry is high risk and not for everyone ... tight stops.

    I don't think any positive reversal will be stella and also as I said yesterday ... 'expect consolidation before rally confirms' ...

    The overall 'doom and gloom' mood has hit globally so we need something to brighten us up for Christmas (only 6 weeks away...) which will by yuk if we don't ... hesitate to think it will come from the Markets given present sentiment.

    Good opportunities to practice SHORT entries ... Ridge has is right with RIO ... stalled at major resistence at $33.80 having bounced off the Fib(38.2%) on the 08/11/02 and confirmed by RSI/MACD... might still be a little left on the bone ...

    Cheers ...


    This is only my view ... read the red stuff.
 
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