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Message: Re: The rout is on......

Jun 18, 2009 08:27AM
1
Jun 18, 2009 08:58AM

that's the second time it hit 2.15 this week and natural market forces didn't bring it there. in my opinion even though most of the shorts were put on in the 2.05 area, the 61.8 fib level of 2.15 could prove to be support.

i also couldn't help but notice that as scotia exited sgr and drove the price down with a short blast of about 20k shares, scotia then bought an equal $ value of aex 1 minute later.

probably coincidence but i like making things up.

1
Jun 18, 2009 09:23AM
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