retracement following rises

The slow STO was 95 yesterday and the market retraced this morning.

It so happened we got caught in this crossfire; there can often be a delay following publication of some interesting posts and it is only later that the market realises what is really going on.

http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=AU%3ATRO&time=8&freq=1

Slow STO has fallen to about 84, a better number.

Meanwhile, good luck to those who picked up some very cheap, cheap shares; however, they are still very cheap indead, IMHO.

Info on TRO:

http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=382644#1345119

Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.