Morning Traders Wednesday 17 th August

Morning Traders,

It seems we are hitting a lowish spot on a number of trading fronts, I'm see more sectors going back into their shells and new hot sectors
not becoming apparent. So it then becomes a random stock picking exercise which i find slightly more unpredictable. A $7 billion loss for BHP
is not going to set the mining sector up in a buoyant fashion, so we look for runners and guess whether or not they will keep running. The other option of course is to look for stocks that have retraced to support levels, stocks that are fundamentally undervalued and technically ready for an up leg. This is my preffered method.

There is plenty to do, so lets get to it. Good fortune all