We need the shorts to push price lower so we can get it cheaper as I did, 4% drop yep I am in, charts mean nothing
sentiment...fear and greed rule above chart or fundamental
I like short to push it to 16 then I will go crazy...I dont think I will see this going to 16 somehow in the short term.
To me the shorts only create opportunity for me, I would not take risk going short at this level....market can rebound any time as shown yesterday by news.
I would not believe the Chinese too much either maybe their fund went short yesterday in the market only to deny the news today so they take the profit today.
NCM will be fine and I keep buying at the extreme I dont have any problems....buying this at this level or lower still.
Tomorow if it did drop by another 4% I will be the first to get in...chart no chart...chinese no chinese I will buy.
Cheers,
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We need the shorts to push price lower so we can get it cheaper...
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