Dear BTA Holders,
Bought back in to same level at $1-045 at post 4-00pm matchup today (having sold at $1-09 yesterday) - hence a small profit against the Bots.
Reason - Had buy in at $1-005 without being hit today. At end of day the buy side markedly increased to similar level to the sell side. Net result was over 200,000 shares traded in the matchup.
Have broken my rule about not buying back in until it rises by 1 ATR (currently at $1-127)but the increased demand was a positive sign.
Thanks for your comments Shylock.
We will see how tomorrow pans out.
Note - I have found the pre-open and post-close matchups very useful to get a gauge on the buying/selling sentiment. A good time to buy or sell depending on your inclinations as you can just about guarantee a set price.
I remain very negative about the general market in the medium to long term.
Regards
Kangaroo1
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