DOW down over 1,000 points and that's the better one of the three.
In my post that got deleted I said I follow the rule of When In Doubt Get Out.
As bad as this is tonight, those who trade using a margin loan will be getting margin calls and some will sell anything if they want to stay in.
Some have stop losses but as they are placed at different price levels, as each one is triggered this sets off a cascading effect till the bottom is reached but nobody knows where that is. It could take months for stocks to get back to the present levels. That is assuming a new bear market hasn't begun.
Time to put up the Gone Fishing sign IMO
DOW down over 1,000 points and that's the better one of the...
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Last
75.0¢ |
Change
0.025(3.45%) |
Mkt cap ! $1.818B | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 75.5¢ | 73.0¢ | $8.192M | 11.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 825699 | 74.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 321345 | 7 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |