Morning Traders Thursday 18th August

Morning Traders,

Another exciting day install for us at the glamour end or a repeat of yesterday with its lack lustre volumes and mildly negative sentiment.
How about I stop trying to pretend I know how the market works and just let the trade (FA and TA mixed with vol.) do the talking. A case in point
was the market moving BHP yesterday which following its lazy 7 Billion or so loss (oops!) with a cracker of a day and a 3.5% gain. No doubt the experts knew why that happened! (after it happened)

Have noticed of late a few pundits calling in others to stocks that are well in the RED ZONE (as endless puts it).
Need to be careful here as an over excited caller or as a buyer, cos the market and stocks always take a breather, you can bank that!

Have a great day