Seems to me, as all u stocks were down today, that profit taking...

Seems to me, as all u stocks were down today, that profit taking was the motivation, as it was with the ASX in general. That's the problem with charts, last night everything was ok, this morning everythink was ok. Charts cannot pick profit taking or rapid changes in sentiment. Profit taking was inevitable and is healthy, I dont think we'll see a prolonged downward trend, and if we do I'll be selling a few other stocks to load up in this one.
cheers