Don't know what happened trying to post my last message sorry...
Interesting analysis from Commsec, thanks for sharing.
Funny "something went wrong.." would have been pretty much exactly when MUF took out the 23.5's
Guess they are not done with selling (or the people they loaned their shares too are shorting away).
Today's move down is justified just not at the pace SXY has moved. POO, the ASX and US futures are all down but I don't think it's justified that we are down double the percentage crude is down. Guess that's why Commsec are saying it's a good short term buy?
23.5 is good value imo.
DYOR. GLTAH.
SXY Price at posting:
23.3¢ Sentiment: Buy Disclosure: Held
