John, again I feel your right, but as you say , you must stir in the rest of the info. But this is sort of day trading IMO, I can't really see it from a longer term, but I certainly treat this stuff as very pertinent.When BMO rallied today, almost to yesterdays high, after paying a div, I covered a short, later it looked like it was about to break yesterdays low , I immediatelly went short again, 10 minutes it was 70 cents lower. I did not cover I suppose because I felt that the break of the low was significant, as earlier I assumed the break of the high was, understand I jumped the gun on the high because of this market which seems to know no upward bounds.
russell |
