TSXV:AUN.H - Post by User
Comment by
JonEcashon Aug 17, 2007 5:48pm
274 Views
Post# 13265590
RE: respectfully I disagree Jonecash
RE: respectfully I disagree JonecashHey no problem Coswill. That's why I like this board b/c people can speak their minds and be challenged in a respectful manner. I was not disagreeing with your assessment of today's bullish candle that "could" represent a bottom. I just meant that for a true uptrend or breakout to really occur we need continued upward movement with higher highs and higher lows, on increasing volume. By definition that is what a trend means, to continue in a direction. So until the next couple of trading sessions confirm the turn around we cannot definitively say that we are in a new trend. Which is my reason for caution. Notice that Pictet was not buying today either..... When those deep pockets return to the market then we'll trade in the millions and move very quickly.
J$