Morning all
Yesterday my wish for a tradeable announcement was answered with a release from BSE.
As suggested by others yesterday, there were many bounce opportunities in the resource sector and I managed to find a couple of modest trades in FAR and CAP.
LYC was a standout falling knife opportunity, but I opted for safer, more familiar ground and declined to play :)
With another weak lead from the US and weak commodities, trading today could be tricky.
I'm envisaging a lot of narrow range inside days offering mostly tight scalping opportunities.
STOCKWATCH
ITC - seems to be in play with some heavy accumulation going on.
AON - buyers stepping up, with sellers from the .15c placement still obliging
CPN - the gappy rise continues
CUE - possible bounce play with a gap to fill
Some (bleak) news and opinion from the US
Insiders Continue to Sell
The Sluggish Recovery
Market in Correction
Deep Water Oil
Bleak Bloggers
- Forums
- ASX - Day Trading
- daytrades may 6 pre-market
daytrades may 6 pre-market, page-11
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