We are 400 points up from a low of 5500 will we hold our current levels.
Chartwise everything looks ugly and it just appears to be a big bounce.
Does the lowering of US rates change evrything??
The market tends to oversell and overbuy.
There would be some big gains out there in very short times.
If you bought ZFX at $14.00 do you take profits at $16.00
The market needs to settle.
No definite trends for a number of stocks, so worth sitting and waiting?
I am not buying at the moment.
I sold out into the rally today after buying Thursday and Friday