daytrade diaries... november 2, page-84

  1. 2,238 Posts.
    With just a little over 100,000 shares the BBG seller moved it (sold, short sold and/or naked short sold) it from 10.40 close to $10.00 open.

    Thats unbelievable....truely oversold in the 10.00 range on so very few shares...therefore should bounce at lunch to 10.17 (old support) easily....picked up a new chunk up at 9.97...to play again.

    This short sure plays with fire !!! BBG key support is 9.98-10.00

    Summer is coming so Aussie sales should provide a welcome boost...people spend their stimulus cheque in Harvey Norman, JB hiFi and on their new Billabong Boardies :-)
 
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