ANZ having a good day today....dead cat bounce??????
US banks went well last night..Why????.......investors given 7 days to close shorts on 17 US financial institutions.......Slikk i think you will find most if not all are members of fortune 500.....this new law was not introduced becouse the companys are all healthy......
http://money.cnn.com/magazines/fortune/global500/2008/full_list/index.html
http://www.onwallstreet.com/asset/article/625831/news/short-sellers-face-july-21-deadline.html?pg=
so expect it to be a short term kick and then most likely resume downward trend...
sell this rally and sit it out, page-26
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Last
$31.40 |
Change
0.250(0.80%) |
Mkt cap ! $93.51B | |||
| Open | High | Low | Value | Volume |
| $31.10 | $31.43 | $30.96 | $127.8M | 4.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2222 | $31.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.41 | 6859 | 1 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |