FMG 1.10% $19.76 fortescue ltd

Short factor

  1. 6,851 Posts.
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    I am back in today for no other reason than the shorts.
    27,875,036 is the numbers shorts opened yesterday on a total of ASX vol of 49,455,126. That is more than 50%. SP opened at 1.95 and closed at 1.95. Says allot about the pivotal balance of this thing and today buyers exceeded sellers for the first time in long while. DCE is up for the first time in awhile. So finger crossed for some nervous shorts tomorrow.
 
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