beetpie
A falling tide lowers all boats, as they say. ;-) The last drop in MQG was caused by uncertainty about AIG IMO. Once the US government announced further injections of capital, the irrational fears regarding investment banks and the imminent collapse of the financial system ceased. The financial system, and MQG aren't out of the woods yet if you ask me, so it should provide at least one more great buying opportunity I hope.
I guess it's too each their own, but I don't really understand your approach to MQG. If you're a TA then MQG offers great swings and reasonably easy to read bottoms. If you're an FA, then MQG offers many situations where Mr Market is in a really bad mood.
Z
valuations, page-14
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 (20min delay)
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Last
$202.88 |
Change
-0.150(0.07%) |
Mkt cap ! $77.50B | |||
| Open | High | Low | Value | Volume |
| $204.38 | $204.38 | $202.71 | $81.57M | 401.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1447 | $202.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $203.02 | 1718 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |