This market is not looking at fundamentals ( so don't tell me about the latest JORC) and it is not technically driven ( so I don't want to see the graphs going back to 1958).
The market cannot deal with uncertainty, and this uncertainty is contagious.
To my way of thinking the Fed and the RBA and all the other central banks have said ' we will gaurantee liquidity" , and they have the $ , not the hedge funds.
This gaurantee will sometime soon neutralize this uncertainty , and this current panic will end as quickly as it started.
And you haven't lost a cent until you sell.
this market
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 (20min delay)
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Last
$62.26 |
Change
-1.000(1.58%) |
Mkt cap ! $12.05B | |||
| Open | High | Low | Value | Volume |
| $62.81 | $62.99 | $62.12 | $10.00M | 160.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 97 | $62.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.28 | 19 | 2 |
View Market Depth
| Last trade - 14.08pm 29/05/2024 (20 minute delay) ? |
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Last
$62.27 |
Change
-1.000 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| $62.87 | $62.99 | $62.15 | 11600 | ||
| Last updated 14.26pm 29/05/2024 ? | |||||
| ASX (ASX) Chart |