I don't know why I'm used to compare SXY vs CVN. But you know what,there are quite similar in terms of number of shares outstanding and SPs sometimes almost exactly the same too... However,in terms of charting,SXY a quite a bit better! Yep. As if I am a short term trader,I would prefer to trade SXY rather than CVN. Because it's sipmly better TRENDING. "The trend is your friend". Right? Ok,now...Would I buy some more SXY shares? Yes,I probably would. Why? First,I've checked Shortmen. They're not here. Second,I consider the previous pullback as a chance to load up (I think I said so too,not long ago) my basket. However,as I said yesterday or so,this loading up is considered cheap option for medium to long term holders. If you're a punter,you might get upset.
SXY Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
But you know what,there are quite similar in terms of number of shares outstanding and SPs sometimes almost exactly the same too... However,in terms of charting,SXY a quite a bit better! Yep. As if I am a short term trader,I would prefer to trade SXY rather than CVN. Because it's sipmly better TRENDING. "The trend is your friend". Right? Ok,now...Would I buy some more SXY shares? Yes,I probably would. Why? First,I've checked Shortmen. They're not here. Second,I consider the previous pullback as a chance to load up (I think I said so too,not long ago) my basket. However,as I said yesterday or so,this loading up is considered cheap option for medium to long term holders. If you're a punter,you might get upset.
