re: acouch/chart/madmacs
Hi Madmacs ... yes like many I have been quiet of late ... trading eto's and finding underlying blues ranging narrowly last couple of months and difficult to get good entries that hang together ... only traded five times last month although showed nice green thanks to a long in RIO.
I suspect everyone finding the same due to uncertanty over US economy.
Most daytraders trading small caps I note ...
Also, finding company anns for blues a bit quiet lately ... these are an important ingredient for options traders to stimulate some volatility ... a good example is NCP which has been deathly silent for months.
Also finding T/A a bit wayward as many others lately ... again the background noise being generated by US economy overiding signals generally and with no anns to support one way or other, hard to take pozzies with any confidence.
This general cloud of pessimism over the Market will only be extinguished by a return to normal(?) and which is the only antidote for the black dog I suspect has been nibbling at us all ...
Cheers ... tight stops.
This is only my view ... read the red stuff.
AXA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held