I trade OST because I am confident of knowing the risks in the company at a company level and it’s sector. That said, I am well aware of short term market sentiment being what it is at times (rational and irrational) and I am also very much aware that OST is primarily a trading stock, i.e. very volatile.
I have the feeling we will see ourselves in the 70's before the next Lower Low is put in place with this current wave of global equity selling as nothing around (global indices and the like) looks good for a turn in current bearish market sentiment
For what it’s worth, I’ll leave my thoughts of OST with you in my charts.
Any thoughts out there?.....
All the best,
Shonan Trader
PS. Great recent posts all round. Much appreciated.
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- ost charts & thoughts - june 2012
ost charts & thoughts - june 2012, page-40
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