Sp'15min
Summary
Urghh..what an ugly day its been. I'm at least glad I had the sense to stay out of it. How are we going to close today? Well, the 60min cycle is STILL suggesting upside, but I sure don't have high confidence in things to the upside. Were it not for opex, I'd be short, and would just sit back and not be concerned about these intra-day swings.
*I noticed PCX just now, its -16%. I don't know why, maybe its something to do with the fact that it doesn't make any money in its coal mining business. For some, 'trading on fundamentals' is a bizarre concept, but..if a stock is loss making, its bizarre that any ordinary retail trader would ever buy it.
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More later, unless I die of frustration watching this chop-fest