Thanks @shovel40, @mirren, @Fiji1 and morning crew.
Am I imagining it or are the runs getting briefer? Seems like if you're not in and out by 10.20, you're underwater (BMG, CBR, HMX). RB6 gave slightly longer to lock and leave. These long shooting star candles don't inspire much confidence for the next day's trade.
What's the wider market up to? Leaning towards a third straight loss. At the halfway mark, the ASX 200 was down 36.5 points or 0.5%. A 2.7% slump in Chinese iron ore prices this morning accounted for much of the weakness.
The speculative end of of the market under-performed again, likely due to its heavy weighting towards resources. The XEC (Emerging Companies Index) dropped 1.12% to an eight-week low (pacing a similar decline in the materials sector).Personal trading: Took SEC near the lows while an insto was offloading. Recovered nicely. Been scratching around for other trades since.
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Afternoon trading May 24
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