Alleycat, I agree with your TA but I'm not looking at 200MA I'm a short trader, these days you have to be, in a Bull market your long, in a Bearish market you have to trade short. I mean on Tues. I traded ARI and I made a 10% return in a day, ok, it's not often that happens but you have look around. KIO is a stable resource company and thier books look great. If you look at the % that the resources are off their highs roughly about 28-30% but KIO is roughly 42% so they are undervalued relative to the other resources....... when trading short work out a % return to cover buying and selling costs and look for bargains. A volitile market is not good but does present oppertunities. I think KIO should see the 24000 level by next week. It is on a down trend but look at the spikes, that when you must get in.
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