Ohh my god, some of my stock prices are green

[boults_4545]

Re: Ohh my god, some of my stock prices are green..

I had a strong performance today, especially BMO, which was nice after the events of the last few weeks.

There seems to be some positive talk in general at the moment. Does this meen the end of the correction? Are we going to see another correction in the next few months?

 

[Sean K]

Re: Ohh my god, some of my stock prices are green..

Could be just that the cat wasn't quite dead....

I really, really, hope that the worst is over.

Technically I think so. 4800 is good support level. Goldies have all found support with long term view still very positive from most analysts (that I read anyway).

Break below 4800 could be ugly. If we can get through the rest of June going sideways, I think we'll be OK.

 

[serp]

Re: Ohh my god, some of my stock prices are green..

Won't the market pull down more when the US interest rates go up again?

 

[Sean K]

Re: Ohh my god, some of my stock prices are green..

I reckon it's factored in serp.

I think the risk is on the upside now.

 

[mit]

Re: Ohh my god, some of my stock prices are green..

Just pulled the XJO chart out not exactly a brilliant recovery. We ended higher but the Bears managed to push back from daily high. Before I would call it even a dead cat bounce I would like to see a nice high volume move of over 1%. Currently it looks like it a fierce battle of the Bulls against the Bears.

MIT

 

[Realist]

Re: Ohh my god, some of my stock prices are green..

The bear has been buried, last rites have been read. Its kind will never appear again.

Extinct is the word!