Dangerous to be trading CFD's without some kind of T/A method. Cazy to be long any financials. This is going to be a multi year bear amrket for them, with the leverage damage done. Aus property hasn't even dived yet (very close to happening).
I think you are dreaming to see this above 10 bucks anytime soon. Probably a short rally from here.
Got the trade description up on the blog.
And for those interested, tomorrow I'll put up some details of the companies backing the mortgages for Aus banks, in the US. Doesn't look good.
Has me looking at running on my bank... which is scary as I'm not normally that kind of person...
See you tomorrow!
Dangerous to be trading CFD's without some kind of T/A method....
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Last
$1.28 |
Change
0.003(0.20%) |
Mkt cap ! $3.330B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.27 | $847.8K | 662.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 138707 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 261441 | 41 |
View Market Depth
| Last trade - 12.00pm 02/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |