Hi guys,
This is a serious post in light of recent world events.
With the election now announced it will make this one the first election since the Madrid bombs for a member of the "coalition of the willing". Hopefully I am not tempting fate but am questioning how traders and short term investors could cover themselves in the event of some form of terrorism occuring in the next 6 weeks that would (I imagine) lead to an immediate downturn in the Australian (and possibly world) markets.
Looking at the spectrum of industries and resources that could be affected in such an event I am thinking that shorting the asx may be the best vehicle for some form of "insurance". So can anyone provide some insights into the best way to do this as well as alternative viewpionts ?
Many thanks
YO
Hi guys,This is a serious post in light of recent world events....
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Last
$61.54 |
Change
0.640(1.05%) |
Mkt cap ! $11.93B | |||
| Open | High | Low | Value | Volume |
| $60.70 | $61.72 | $60.53 | $34.55M | 562.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $61.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $61.64 | 358 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ASX (ASX) Chart |