| Weekly Trend: | Up |
|
| Daily Trend: | Up |
|
| Daily Momentum: | ___ | Flat |
Another day and much the same old story – the mid to smaller cap resources and energy sectors continued their rise with many stocks closing at or very near their sessions highs. It’s been a great 6 weeks. It just goes to show that you can spin the wheels for 8 or 9 months then make it all back and then some in a very short space of time. Those that are patient are the ones that get rewarded. Technically there is nothing more to say. There is no reason to be considering short positions. For all we know (and we don’t know) is that we could continue higher unabated through till Christmas….we can only hope.







Mon, Oct 11, 2010
ASX Commentary