So, everyone knows my bias is buying the dips. Here is the things i've experienced to see when the SM unwind their positions. This I've said before, they drags prices slowly so that it looks very messy, on low volume. Then finally push it up to cause a spring before dropping it hard. We experienced it this week again. This's because sm unwinding their positions, not because their bias has been changed. They are still bullish eu, it's being support by very big volume last week.
The Moody downgrade and the fact that all my friends calls me to short it helps me firm up my stance.
I expect 1.49 this month
http://i1224.photobucket.com/albums/...inluv/eu21.gif
The Moody downgrade and the fact that all my friends calls me to short it helps me firm up my stance.
I expect 1.49 this month
http://i1224.photobucket.com/albums/...inluv/eu21.gif