friday 9th march daytrading - morning, page-93

  1. 2,735 Posts.
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    RFE and NSE heading higher. I bought into RFE for continuation of uptrend.
    Cha,
    I think AUT is volatile and if you can handle that, it could go another 10% to $4 as its broken higher today from resistance. I personally wouldnt trade it as I dont touch anything that isnt a clear uptrend. That way even if I get the entry price wrong, the sp usually goes above what I paid for it regardless of s/t noise.
    If Greek tragedy is put out of its misery this weekend, by next week Im looking at more money entering the market to push the market to 4300 level. Some of the ASX200 stocks should push higher but mostly mid caps and speccies will rise further as they are usually the ones to move first and go higher in any start of a bull uptrend. IMHO.
    Should see a bit of weakness this afternoon as the sensible people PLUS the usual people close positions due to Greek risk.
    Cheers all
 
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