Can I say one thing? NOBODY can predict the future. Yeah occasionally you might get lucky and correctly predict a retrace or whatever. But that's all it is - you got lucky but you didn't really predict the future. All we can deal with is probabilities and react accordingly.
Its kind of a very good thing because it makes it all a fairly even playing field. Just think - if any of us really had the power to predict the future we would pretty much be instant gazillionaires. And I don't think anyone on hotcopper or anyone anywhere is in that category.
Probably to correct to say there will be a retrace at some stage. But it may not be today, or even tomorrow.
CCU Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held