Good stuff woddonnee :) you can lead a horse to water...
Tibbs,
i am fully aware the xao was getting smashed. The smart traders were waiting for the right time to buy.
I was not expecting the BKP gap to close until the panic started. When this happened i thought to myself, that 1.5c target might come under attack if this keeps up. I watched the trading all day on BKP and there were no buyers until the gap closed. How do you explain this?
At the time i decided to buy CEO instead, but why did the buyers wait until that exact momment, it was only there for a few minutes then all of a sudden they started appearing.
This is not a coincidence, it happens most times a gap closes. Im sure you are aware that the market these days is dominated by traders, the buy and hold investor is long gone.
But hey i am not trying to force you to believe this, i am just calling it how I SEE it and i dont really appreciate being talked to like an idiot all the time, but i am getting used to it.
Its working for me, so im happy.
ROB Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held
