So these nostradamic shorters have struck again.
I just did a quick analysis of the NAB SP over the last 3 months:
• The average intra-day movement was 1.11% (that surprised me)
• There were 28 days with SP movement of 1% or more [13 down and 15 up]
• There were actually 10 days with a SP movement of >1.7%
Now, if we buy on all the down days and sell on all the up days:
- we could make a squillion
- and if we knew the intra-day movements, the world is our oyster!
At least we can rest easy in the knowledge that there will be no shorters left in a few months
- they'll all be retired!
News: NAB UPDATE 1-Australia's NAB annual cash profit jumps on lending growth, rising rates, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$38.28 |
Change
-0.480(1.24%) |
Mkt cap ! $117.8B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.07 | $38.07 | $181.8M | 4.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21064 | $38.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.29 | 6661 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |