re: drop your shorts her come the bulls "the trend is definately down". Are you serious?? What a short memory you have. We have a healthy 8-10% correction and all of a sudden the doomsdayers are out again. We are in one of the strongest bull markets that I can remember. With solid fundamentals too. China, not to mention India, supply is nowhere near demand. Company profits are up and at least in Australia inflation is well under control. The "concerns" of the o/s market atm are the rising cost of oil which is causing inflationary concerns, and/or consumer sentiment downturning. Read between the lines, these are contradictory concerns. Profit taking, corrections happen in a bull market, its only natural. If you're game enough to short this market go for it. But it is still far more of a dangerous game than being long.
re: drop your shorts her come the bulls "the trend is definately...
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Last
$4.74 |
Change
0.050(1.07%) |
Mkt cap ! $3.183B | |||
| Open | High | Low | Value | Volume |
| $4.72 | $4.74 | $4.65 | $10.74M | 2.269M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40553 | $4.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.75 | 19919 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| DOW (ASX) Chart |