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Online Share Trading

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CPI

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Russ
Super Contributor
It's so overbought that the rsi and sto are off the chart but it just keeps going up.Does this share never have a pullback?
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7 REPLIES 7
Wizard
Super Contributor
You know....everything that goes up....must come down. And the higher it goes the harder it will fall later!
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Not applicable
that is without a doubt the most stupid investment philosophy I have ever heard?
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sponono
Super Contributor
only two sets of people have lost money in CPI: those who are short and those who have been sitting on the side-line hoping for a correction.
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sponono
Super Contributor
and Dr Clive Roffey.
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Franksays
Frequent Contributor
So Wizard if you believe that, why not simply buy in and set a decent stoploss? Ride the train up and know you have a safety net instead of sitting on the sidelines like Dr. Roffey
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Wizard
Super Contributor
I don't mind u guys making money on that, I'm riding the WEZ train right now.and it makes more sense to be with WEZ than something I feel when it starts to correct it won't be a shallow move.
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Jellyram
Contributor
RSI can stay above 70 for a vey long time. My tarket for CPI is R204.
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