Jump to content



Photo

Help! DROOY has fallen and can't get up!


  • Please log in to reply
2 replies to this topic

#1 cedartree

cedartree

    Member

  • Traders-Talk User
  • 69 posts

Posted 24 February 2005 - 11:00 AM

I am thinking this could be the last big washout, the volume is high so far. Any knife catchers out there? -Brian PS I nibbled at 1.18 but want to give it more time to put in a tradable bottom. The fundamentals are certainly bleak unless the Rand starts to fall.

#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 24 February 2005 - 11:11 AM

I am thinking this could be the last big washout, the volume is high so far. Any knife catchers out there?  -Brian
PS I nibbled at 1.18 but want to give it more time to put in a tradable bottom. The fundamentals are certainly bleak unless the Rand starts to fall.

<{POST_SNAPBACK}>



Stopped out DROOY
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#3 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,882 posts

Posted 24 February 2005 - 11:34 PM

PDG was bloody bad also.