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Online Share Trading

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Resources pulling back now. Time to short ? back close to their 200ma

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Super Contributor
Usually I would go long in a case like this thinking like the herd
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3 REPLIES 3
Super Contributor
Anglos 7% down! Who said blue chips werent volatile. That's enough to wipe a few leveraged positions....
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Super Contributor
Jep. Either can wipe you out slowly or in one shot! Im sure alot of stops where skipped today.
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Not applicable
Guys, I'm really no expert on trading, although I guess I've done ok with the strategy of waiting for stocks to fall hard, show value with many panic sellers bailing - worked with MTX, ANG, ADW, AUA, etc. Naturally, the gold and broader commodity shares are now looking interesting, although I'm unsure this time around! With gold showing the sharpest decline since the 50's in the past few days - is it different this time???
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