FMG 1.91% $17.94 fortescue ltd

(mongombolo)Well done!More experienced traders would have...

  1. 2,602 Posts.
    (mongombolo)

    Well done!

    More experienced traders would have realised that it was not a timely decision to hop in this morning. Why? Because we are in Australia! We highly rely on what happens in the USA before we act. However, Australians are more conservative than Americans so after 5 straight green days common sense is prevailing rather than greed. We are not following Americans even though they had a green day. We are rather anticipating what is going to happen on TUE on Wall Street. (In other more polite words we DO NOT have kahunas!)

    Knowing that Australians are more conservative and with an empty dangling bag it was not a miracle to anticipate a pull back.

    All of the hype about FMG hitting $4.50 or $5 is something that was telling me not to touch it. Short it, yes I would understand but buy... now? Are you serious?

    Haven't we learned anything from this crisis?

    And to all of those guys out there who are trying to ramp it up, just because they entered it at the wrong time - grow up. Cheers.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$17.94
Change
-0.350(1.91%)
Mkt cap ! $55.23B
Open High Low Value Volume
$18.20 $18.24 $17.92 $112.0M 6.210M

Buyers (Bids)

No. Vol. Price($)
3 440 $17.93
 

Sellers (Offers)

Price($) Vol. No.
$17.95 10018 1
View Market Depth
Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.