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International Investing / Australia (All-Ordinaries)


Subject:  Re: Banks & Market Timing Thoughts Date:  3/6/2002  1:41 AM
Author:  harmy Number:  3747 of 6186

Barcoo you can see the double top failure clearly(Nov & Feb), thats what I'm shorting.

I had a look at your bank shorts previously and I agree that they appear to be breaking down. My only doubt is that the support levels and trend channels appear to be only one or two dollars below the present price - is it worth shorting for what appears to be a very small gain ?? - or are you expecting price falls which would make it worth while.
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