History my friend. I am a firm believer that all these situations are concocted. Hedge funds sell out, leave me and you in ruins whilst they pick it all up again. They keep making millions and we hold the baby.
Thats why I don't agree with technicals. Its like the market reaches a point and because someone says its overbought everyone sells why.
What difference was there in ITC yesterday to today for it to be down this morning.
ITC Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held