AMP 0.46% $1.10 amp limited

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  1. 668 Posts.
    I've got nothing against CFD's. But I would have to have a rock solid system before I got into them, because the leverage gives a bigger draw down.

    Anyway, I've finally got the details about the mortgage insurers for some of the banks on the blog. Sorry for the delay. Here:

    http://measuringincalculablevaluingintangibl.blogspot.com/2008/03/is-australia-exposed.html

    I was out of the short yesterday, which proved to be the wrong move, but if it breaks 7.80, I'll short again. A friend assures me it is at value at 7.80, probably why it had a lot of support there... but it doesn't necessarily mean anything in this market, especially if this financial disaster plays out for years like it looks like it is going to do.

    Cheers.
 
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