Good afternoon everyone,
Remember what i said this morning?
Personally, I believed the Asia markets have already sold ahead of the Dow yesterday, therefore a significant gap down will be made by the market makers and if you are to join in to short sell the market… it will give them a great chance to cover back their shorts while you (volunteering) sell. Every transaction is a BUYER and a SELLER. So there is no such things as MORE Buyers or MORE Sellers. I have given you my advice for today but of course, I may be totally wrong too. So my last advice is,
” Never short a counter that is trading above Opening Price and if the General market sentiment is expected to be bad like today BUT YET the stock is trading above OP, one should be wary on your short position. If the stock/market actually recover then you better cover fast!”
>> So I am looking at Ramba,UTD, Ezion, Eco wise and Ziwo for a qu
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