Our market is continuing to be indifferent to what is around it, refusing to be led (just like the USA).
I don't often take much notice of course of sales, but had a quick look at the banks today--esecially ANZ, and they are being shorted and shorted.
Anz has 45,000 parcels going through every few minutes, dropping the price by up to 4 cents at a time.
And of course, no sign of the parcel in the depth queue.
That's million-dollar-plus deep pockets every few minutes.
No wonder we are lagging.
Our market is continuing to be indifferent to what is around it,...
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8,084.5 |
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