me too Gassin and in a big way!
obvious the latest round of chaos in markets has been driven by short funds and their publicity disciples ( contacts; pr people; staff etc etc ). Witness an article in the oz a week or two ago where one hedge fund who made 18% in Jan were scaring that bhp could tank 30 to 40% if it cut its dividend!!!
I think they (hedge funds ) came to the decision central banks were out of ammo so there is no real threat to the hedge funds -instos with money tend to have no balls and just cash up and lend out script to help shorters (refer Gottlesben for more) ; and no-one else has money to bet against the hedge funds.
that is why they have been paranoid about central bank action to date and now they feel they have them beat!!
pity bhp rio shell etc couldnt have some balls too!! glencore showed some signs, especially considering their more perilous position!
Double Bottom Becomes a Triple Bottom at 5.17, page-9
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$3.83 |
Change
0.005(0.13%) |
Mkt cap ! $44.19B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.84 | $3.82 | $26.02M | 6.803M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 229405 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.83 | 454410 | 80 |
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