good,,,we should have a big move in the afternoon now as they pinned the market below 4670 all afternoon,,would be reasonable to start shorting there,,but all of a sudden some volume has come in and most stocks are now surging on a squeeze it appears..
Hi Goldmick,,the share action of 1 2 4 7 etc are all algo traders,,yes I agree many margin calls after such a fall from 4370,,feeds on itself sometimes,,,,leverage players are back,,,,(we have learnt nothing but i digress) but as long as they are in the buy position and im long ill ride it :)
Talking themselves into a Christmas rally
NCM Price at posting:
$40.30 Sentiment: ST Buy Disclosure: Held