I hope folks do throw themselves off bridges as punishment for causing me a day of grief yesterday. I can tolerate 10 cents or above.
Today I ditched every stock that has a negative Macd and detrended price oscillator apart from Idc. Yesterday taught me another valuable lesson. I will hold Idc until after the next results but never any other stock with poor technicals. If this puppy dives, I am out until we get positive technical signals.
If the bonanza zones are NOT BONANZA then I will throw in my 10 bucks worth of criticism and start relying purely on Idc technicals to trade the stock.
I feel much more in control using technicals analysis.
I hope we all get rich.
It Does make me wonder about yesterday's wave. It's very suspicious when today trades less than a million. In fact no matter what happen on Friday I will remain suspicious of either yesterday's buyers or sellers.
It just look a bit too coordinated for my liking. There was reason to sell yesterday, but not at such volume. All we know is it wasn't the big holders, it was something else. I suspect yesterday was the last day to act without arousing suspicion. I doubt the next few days will see any sell offs . Those in the know (if there is a know) have either stocked up or have flown the coop. If the stock tanks I might ask ASIC to investigate yesterday's. of course if it rockets I will say nothing maybe. Then again, do we need any sort of funny business either way.
The assay gold must have been extracted already, with weights and measures being calculated today/tomm, write up Thursday, release Friday.
There is a big story on the brew. Hold on to your hats ladies. There's going to be some action. We will either leave work in the next few days wearing a gold tooth or wearing nothing but our soiled underpants.
I have no sentiment, I have resigned myself to "it will be what it will be"
I hope folks do throw themselves off bridges as punishment for...
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