APG 0.00% 0.2¢ austpac resources nl

healthy relapse on the cards

  1. jwt
    3,750 Posts.
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    Personally I don't think TJ is far off the mark and only sudden news could change that. Starting from a low of 6.8 the price moved yesterday to 9.6; that's a rise of 2.8. If there is to be a (normal) correction, the pattern would be half the rise; ie 1.4; and if we take 1.4 from 9.6 we get 8.2. So if there is a correction, 8.2 would be my guess. But knowing that every trader was thinking the same thing, my buy would go in at 8.3 and reverse the trend. Spot on TJ. However, life is a bitch, and then you take up trying to guess the market, and, SIGH... (sorry to steal that), you have to go back to taking the tablets. (::) jwt as usual in a confused state
 
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