tinitrider have to try & forget fundementals, this is a traders...

tinitrider have to try & forget fundementals, this is a traders market, risk vs reward, buy for chart breakouts & take advantage while the market is hot, use TIGHT STOP LOSSES & dont fall in love with the company as the market can turn negative anytime.

MRE went exactly to plan today, surged higher by close after constant accumulation all morning/afternoon cleared the path, monday may see higher & a push to .50's or may see a ASX query stop the run & retrace before another attempt to take it up, also depends on what the US does tonight.

The past two weeks has been a massive run on oversold stocks, which ends up coming down to its hard to see it continue much longer, but one has to take advantage while the oppertunity is there, as when the bear comes out again its back to seeing RED & the easy money will dissapear just as quick as it came.