General Trading Chat

iwillwin

Well-Known Member
Today price rose......may be moody wants to cover their shorts at good price....so newbies will sell at open and they will cover their shorts trapping newbies....
 

travi

Well-Known Member
Today price rose......may be moody wants to cover their shorts at good price....so newbies will sell at open and they will cover their shorts trapping newbies....
Not just newbies :D
just two weeks ago the Fundamentalists on TV were loading PNB at 90-95 levels and giving big calls.
I wonder what they're thinking now at 75.
They'll probably go buy the whole bank (rofl)

It can go to 50 or 150 but the point is why try and catch falling knives, there are a dozen stocks that'll give you better sleep.
 

headstrong007

----- Full-Time ----- Day-Trader
Dow is up nearly 300 points, energy stocks are lifting market there.
Crude, again did fresh upside breakout, H4 chart and the upside move is getting momentum there. :p
But, it's might be pretty bad news for the Indian market.

State Bank of India (SBI) is slated to release its quarterly results on Tuesday.
 
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