Chart Update, page-564

Hello Parma
It’s morning here and the sky is blue and full of bird calls outside the window of my eyrie, and I am going out for breakfast soon and some shares (elsewhere) went up and I even sold a few near the top ...and I am not at all euphoric about any of this.
Nor about the fact that buys of this size at NRW represent eagerness on the part of the purchaser to own a largish part of the company at current prices .

(Here’s a graphic of the one you just mentioned ;

Only two (I think ) so far so I wouldn’t say we could set our watches by it yet ...

The amount is also paltry compared to all the buying that went on the UP slope of this particular example of technical orogeny .
....and -so far today - tempo seems to have slowed down compared to yesterday ...

But I think whoever is buying is getting a good deal and I think they are probably buying on market as well, with the shorts, as usual keeping the price down for them .


How is your morning Parma?
Cheers