MBL macquarie bank limited

there are lots of US hedge fund selling, margin call selling and...

  1. courau21
    174 Posts.
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    02/08/07
    18:23
    Post #: 2679543
    there are lots of US hedge fund selling, margin call selling and staff selling at the moment - this will cause lots of volatility in the sp. Historically , staff selling depresses the SP - this window will continue till 10 August.

    strategy is to sell the resources(RIO profits announcement showed how lousy the analysts are), keep the cash in reserve to accumulate this cattle dog. Need great temperament to ride out this slump.


    MBL Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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