FMG 0.45% $22.10 fortescue ltd

good grief, page-4

  1. 4,710 Posts.
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    Shame it collapsed today, it would could have become a nice DB.

    Georgeaux, just some friendly advice for next time, when you do look to buy the second low as FMG was, the fail rate is over fifty percent so it's quite high, more to the point when it does fail quite often it does so with good momentum drivers behind it. However waiting for a pivot, in particular one that is confirmed over at least a five day period, improves the risk significantly.
 
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