intellimoney "You got great guts to be shorting it, I am sure there is an insto of some type taking a large postion at the moment."
Yeah, I suppose you have to have guts to be on any side of the market at any time - trading/investing is not for the faint hearted.
I got in at 4.02, stop at 4.40 (last top plus overshoot margin), but only a small position as-
a. I am just putting a toe in the water with CFD's, not having used them before, and
b. my guts aren't that great!
I watched the course of sales on and off all day, and my feeling is there was large insto dumping, and multiple small lot buying. There would be a drifting of small sales, up and down, and when the buy side had built up a bit with many sub 5k share bids, they would be wiped out in a single huge sell. Then it would go quiet again. Nothing like that on the buy action, just many little lots.
I am looking for a resumption of the down trend begun in 2000, which is nice and strong and very chartable. If that is the case, $3.50 will soon be just a memory..
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Last
$3.90 |
Change
0.005(0.13%) |
Mkt cap ! $44.94B |
Open | High | Low | Value | Volume |
$3.87 | $3.90 | $3.86 | $20.77M | 5.351M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 224609 | $3.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.90 | 1108564 | 129 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
48 | 232288 | 3.890 |
43 | 438141 | 3.880 |
40 | 382411 | 3.870 |
34 | 332284 | 3.860 |
46 | 446546 | 3.850 |
Price($) | Vol. | No. |
---|---|---|
3.900 | 1113812 | 131 |
3.910 | 765696 | 67 |
3.920 | 664461 | 54 |
3.930 | 339919 | 41 |
3.940 | 433192 | 35 |
Last trade - 14.21pm 30/07/2024 (20 minute delay) ? |
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