How many times have I thought that fundamental analysis (FA) can also stand for F*** All when market sentiment turns negative.
Its all very well for the rampers who are sitting on 100% profit to be full of enthusiasm and advice for those who aren't. When the market goes bad... it goes BAD.
FA out the window for PVM sp and there is no support levels to be even identified above 60c... so TA out the window too! Oh, hang on, there is a gap down there somewhere yet to be filled... yeah at 59c... may be a while away before we get there, GREAT BUY then tho, but hold on I've already got a sway of shares I dont know what to do with! If only someone had told me NOT to buy when I did, I would be in happy street.
Sorry for the cynicism, but I have had a gut-full of this stinking market!!! Trying to keep my composure, but my patience waiting for the elusive rebound is being sorely tested! Each day ends up finding a new low and it sucks!
Oh, well, at least the Anglican Church is getting something from this company!
PVM Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held
