Overbought technicals & extreme sentiment measures over recent weeks were warning of a market selloff. The events out of Japan have intensified the selling pressure.
Those pundits who proclaimed a buying opportunity just last week have been silenced. We've since experienced the first panic selling stampede since the flash crash. That was a buying opportunity then, but if a change of trend is indeed unfolding it should be confirmed soon enough.
- Forums
- ASX - General
- buying opportunity or change of trend?
buying opportunity or change of trend?, page-7
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online