XJO 0.42% 7,718.2 s&p/asx 200

jgunter's - going out on a limb - wednesday, page-76

  1. 4,627 Posts.
    so vvg can you tell when the news comes out what way the market or a particular stock will go? I'm not saying that news doesn't have an effect but it is used a lot of the time to wrongfoot the crowd.

    The news will generally exagerate the pre-existing technicals. How many times have you seen a great news announcement and a stock price drops with everyone left wondering what's going on?

    You stick to your news I'll stick with the technicals lol

    Cheers!
 
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