wednesday trading, page-7

Same here BV. With no disrespect to all the TA geniuses on this thread, I think sometimes TA can go over the top and actually can cloud the price action rather than clarify (not seeing the forest for the trees). I definately use TA in my studies, but keeping it simple works for me. However i have been amazed at some of the great AT analytical works on this thread, whatever helps each individual trader find a system that works for them (and making $$$) is all that matters.

Some great buys in London commodity stocks early last night, BLTs a standout. Hope some of you got a piece.

As for today, really dont have a bias. I think commodity stocks are oversold in general here so maybe the market can drift higher on some buying in that sector. Banks as usual will be no help, but i'll be looking to pick up some BHP/RIO/SPIs on weakness today depending how the tone of the day plays out.