friday night trading, page-154

Hi JA, 'tis funny I am in the midst of a waffle report at the moment, should be up in another two hours or so, but yeah, this is a very difficult time to be certain.

That being said, I started thinking very much that we would be looking at a flat to downside scenario, howver, I am just in the weekly chart analysis section of the report, and more and more that chart looks like it is suggesting quite reasonable upside.


Of HUGE interest to me, is the fact that specci positions I have held and slowly topped up during the decline and panic selling are really starting to move in the last couple of days (I even had one stock go up 160% yesterday which I have NEVER seen before in my short lifespan as a trader) (mind these are primarily in the alt energy sector) and I am very mindful of the old saying/observation that first the bluchips bounce, then the small cap stocks bounce, which is something Redbacka has mentioned (regarding small cap bounces) in his latest snippet.

Thanks for your charts too by the way.

;)