Rowsley - Massive Selling

Massive selling in Rowsley and the overall market. Everything starts to tumble and the whole market suddenly turned red. Many stocks started to retrace and I believe the STI has reached a temporary peak where the sellers were locking in profits and some were shorting. Rowsley is a stock that is shortable and there are scripts available for shorting which could add on pressure to the selling. It has risen too much and in the short term I believe the stock is not advisable to go long.



Ronald K - Market Psychologist - A Stock Market Opportunist