TSX:TECK.A - Post by User
Comment by
ellgaron May 24, 2011 9:56am
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Post# 18616987
RE: now this is just stupid
RE: now this is just stupidTCK is up 3% from yesterdays close, TCK.B did not trade yesterday so it just reflects the $ of TCK.
Bottom line is we missed the great buy op on the gap fill that we would have seen had the TSX been open yesterday, TCK.B would have seen $46 as TCK touched $47 yesterday...I should have bought on the US exchange yesterday but I did not expect this sell off to turn around overnight...this market is so manipulated that it moves when the HFT programs are tweeked in the direction du jour, today the euro news has not changed from yesterday but GS makes a bullish copper and oil comment and guess what ....risk on again!
Sounds like the making of another bull trap