It would be of internest to know who is buying the stock, if its funds then the buying might hold up.
If its public, like my parents have been, then this market is totally screwed.
Firstly the public buying is not sustainable and secondly when it does break these lot will be the first to sell into no market depth.
It definatly appears as if buying is not going to hold much longer.
thursday throbber, page-30
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Last
8,205.9 |
Change
-63.900(0.77%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,269.8 | 8,269.8 | 8,197.6 |
| XJO (ASX) Chart |