Do NOT open your trading account today

Discussion in 'Stocks & Derivatives' started by rbaggio, May 16, 2012.

  1. rbaggio

    rbaggio Active Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=F54rqDh2mWA[/youtube]

    Soooo much red ..... oh the humanity ......
     
    rbaggio, May 16, 2012
    #1
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    [​IMG]
    Source: teh googles
     
    Jislizard, May 16, 2012
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  3. finicky

    finicky Well-Known Member Silver Stacker

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    Sold our remaining 2,000 BHP shares today, not counting a family parcel bought so long ago they're rusted on.

    It's surprising that there are quite a few large stocks you would think of as quality that are breaking levels of major support or threatening to break. Others are just keeling over with nothing to support except levels significantly lower: BHP, RIO, IRE, FLT, WOR, to name a few.

    Not to mention the spec stocks - the chart of Lynas (LYC) looks pretty bad after apparently decisive break of $1 level support yesterday, and Linc Energy (LNC) capitulated a few days back
     
    finicky, May 16, 2012
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  4. malachii

    malachii Well-Known Member

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    Sell in (before!!) May and go away. Works most times - yet to lose money doing it.

    malachii
     
    malachii, May 16, 2012
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