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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Post by stocktalk2on Apr 27, 2005 10:40am
137 Views
Post# 8962118

Good call Slappy

Good call SlappyYou have to give credit where credit is due. You said if ASD broke .90 it would hit .60. You were right on the money, and I can't say I agreed with you about the .90 break down, but that was only because of the paultry volumes. Each time this stock drops a dime, it does so on almost no volume. No matter what your technical accumen is, this is the sign of a weak stock that is definitely going lower. Hopefully your bottom is also correct, and it looks like others agree with you as well, and are starting to buy the bottom. With the company in the midst of an extended drilling program this may be a pretty easy double from here.
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