Here's the thing about the LIT that annoys me - its made up of stocks from different time zones.
We can have a bad day Monday and even if the USA has a cracker on Monday night LIT can still be down becasue the big wieghts like PLS were down. Because LIT was down then we are down again etc. No to mention add in Asia to that.
The LIT index is the poorest measure of Li sentiment in my books.
Very long term it may be ok but short to medium it can easily get pushed and pulled by timezones / sentiment alone not value.
imo dyor
AGY Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
