A good point "mreinke". However I was thinking along the lines of the technical analysis for buying or shorting a particular stock. eg. I went long in BHP at the close yesterday for a bounce after a big selloff. There is no fundamentals involved here just the chart. There are a few stocks in a similar position to BHP, but I have only a certain amount of cash in the kitty. The chart is giving a buy on QAN and giving the drop again in oil overnight the stock may rise today. Looking to buy in around $3.59. Holding CML/ANZ/BHP. all long. Regards cjs
