Thanks for the reply redabyss.Your 11.25 is close to where i...

Thanks for the reply redabyss.


Your 11.25 is close to where i expected a bounce would have had the highest probability.

Last nights approx 2% fall in RIO/BHP may prove me wrong.

Yesterday i halved my short position based on the higher prob of a bounce last night so if it falls Monday i will still be in play.
But could this continue falling another night ?
My next level is way too far away.

That would be one mighty straight percentage loss for a large company like BHP.

I will see how the stock moves on Monday but i will look at closing the remainder of my short position some time monday.

Thanks again redabyss, its not easy to exchange thoughts as i don't know anyone who trades for a living.
Its amazing how much people who don't trade often think they know. They all tell stories of how easy it was for them to make 20,000 or 50,000 when they traded. But that was in 1999/2000. And then i ask why they stopped, and they reply ( i lost it all in the crash ) lol.

Thanks again.