FMG 1.10% $19.76 fortescue ltd

$5 back on the cards, page-55

  1. 7,247 Posts.
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    Aha, of more interest is that 10% of the day's volume, 2m shares, with one lot of 100,000 shares, - was done in the match at 454, three cents above the 4pm close.

    That usually indicates plenty of confidence. The longs are happy and the shorts are obviously not having much luck if they are trying set up.

    Dow futures up 127 as I write, which may not mean anything, but its not exactly negative.

 
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