Yeah, LEI seems to be quite extreme, up and down, when it moves. Just take a look at the Market Depth of buyers and sellers. The list of buyers is really tight, as in heaps of buyers at small price increments. Mean while the sellers side has fewer and very loose price increments.
What I am saying is that once the earnings report season slows down in the US and/or sentiment changes LEI could pop back to $24 - $26 quite easily.
We just need the bloody DOW to stop bleeding.
Any arguments posters?
Any charts out there?
LEI Price at posting:
$20.81 Sentiment: ST Buy Disclosure: Held
