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Hi Can
Ended up getting out quite quickly out of this one, out at about 6.35 - 6.40 from memory, which was just about the high (thank god). After reviewing the forecast for the AUD:USD at the time, I didn't want a large exposure to the USD. Add to the fact that the it just could stay above the 200 MA and the 6.40 zone had heavy sellers. In the end I opted for a quick profit, as the stock was still in a primary downtrend. God is it looking ugly now - you shorting Can, I know that Nick actually called this one perfectly a while back.

Cheers

[QUOTE="reece55, post: 216355, member: 4401"] Hi Can Ended up getting out quite quickly out of this one, out at about 6.35 - 6.40 from memory, which was just about the high (thank god). After reviewing the forecast for the AUD:USD at the time, I didn't want a large exposure to the USD. Add to the fact that the it just could stay above the 200 MA and the 6.40 zone had heavy sellers. In the end I opted for a quick profit, as the stock was still in a primary downtrend. God is it looking ugly now - you shorting Can, I know that Nick actually called this one perfectly a while back. Cheers [/QUOTE]

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