short selling sucks but I do it......the big insto's totally drive this market in cycles with shorts a major part of it and I ain't willing to hold the vast amounts of capital in long positions. intead trading on the cycles with cfd's is not particularly capital intensive. I think since comsec brought a cfd platform to market this year it's only going to be more prevalent. get on board I reckon as the volatility is going to increase making short term gains easier.
lets also not forget the IO price is a really grey area atm. could head anywhere this year.
iron ore price , page-39
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Last
$21.25 |
Change
-0.270(1.25%) |
Mkt cap ! $65.52B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.64 | $21.19 | $67.51M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4363 | $21.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.25 | 4156 | 17 |
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| Last trade - 14.04pm 23/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |