toscanunan
Do not worry. It is only money. DOW can not continue rallying forever. After MB is back on Monday and if DOW pulls back it has to go under $40 as it will go back over $40 in future no doubt about that. When was MQG $40 last time? Is $40 going to be a new benchmark while we are still battling recession? Hmmmm...
If this is going to make you slightly less stressed - I shorted it @ 40.90. Go check out how long was that before they halted trading? 2-3min. tops?! I had another ST sell order already placed at $42.50 when it was halted. Was not obviously fast enough to finalise it.
On Monday when TH is lifted, and if DOW is in red (FRI), MB should pull back a bit. If not I can tell you now that I will short it again and then sit on it for a few days. If this sounds unreasonable let me tell you that $40+ level can not be sustained for long unless they announce the discovery of the Holly Grail! We are in a recession and no matter how eager we may be to see our stocks keep going higher and higher the chances of so called W shaped recovery will be magnified. When it hits us again not many of us will be standing. I am a bull but I'd like to see a gradual recovery, not a recovery done in 8 weeks or 14 days because it would not be a healthy recovery but a quick fix.
Let the dust settle and stick to your guns.
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Last
$199.83 |
Change
1.540(0.78%) |
Mkt cap ! $76.26B |
Open | High | Low | Value | Volume |
$198.29 | $201.57 | $197.68 | $129.7M | 649.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2114 | $199.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$200.00 | 188 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2114 | 199.760 |
1 | 2000 | 199.640 |
1 | 262 | 199.630 |
1 | 115 | 199.530 |
1 | 1000 | 199.500 |
Price($) | Vol. | No. |
---|---|---|
200.000 | 188 | 2 |
200.210 | 3025 | 1 |
200.280 | 30 | 1 |
200.320 | 375 | 1 |
200.500 | 60 | 1 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
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