I'm getting wary about my short positions with regard to the wider macroeconomic situation.
I'm concerned that this money printing/liquidity charade will eventuate into a wider bull market into christmas. I'll be watching my short positions very closely over the next couple of days to confirm this. Who knows, I might even take a long position with FMG sometime =P (That'll be the day!)
But seriously, why so much hate guys? I've targeted FMG as a good short (And what a good short it's been!) because I felt it was more vulnerable, technically and fundamentally. If my view of the global markets changes, and I happen to decide FMG is due for a spring, I'll turn around and join the long bandwagon.
I've never had anything against holders of FMG or FMG itself. As I've said before, sometimes I just wish I could bake a cake filled with sunshine and rainbows that everyone, both long and shorts, could eat and be happy!
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$22.48 |
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Mkt cap ! $69.21B |
Open | High | Low | Value | Volume |
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1 | 6216 | 22.470 |
3 | 10934 | 22.460 |
5 | 9052 | 22.450 |
6 | 20271 | 22.440 |
Price($) | Vol. | No. |
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22.520 | 9162 | 3 |
22.560 | 1000 | 1 |
22.570 | 500 | 1 |
22.590 | 14461 | 4 |
22.600 | 5715 | 8 |
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