You are not alone there on FMG. I thought FMG might plop back to...

You are not alone there on FMG. I thought FMG might plop back to the 3 somethings after the cross which it did but it has since made the 4 somethings its new home. Had to get back in at the 4s.

Never let the fundamentals override what the charts tell you . Actually the ride from 3 bucks to 4 bucks was much easier than the ride from 2 bucks to 3 bucks.

"I'm afraid I got off the boat and missed it when it left port :-("

I thought I missed the port when ANZ was 16 bucks, CBA 34 bucks, NAB 23 bucks and WBC 19 bucks. Now look where they are.

Now I am prob'ly saying far too expensive to buy, missed the boat yada yada yada and next they might be at 23, 51, 28 and 26 respectively and I will still be saying the same thing.

I guess that's where the golden cross puts things into perspective (all 4 banks did a golden cross this past month).

The 90 million question is whether the cross will stick. Wonder if anyone has backtested the number of golden crosses and see how many persist for a prolonged period.