"Faber looked p1ssed I used to like this guy, not anymore."
BruceRobertson please explain why you say this. I like Jim Sinclair too but I thought Faber had limited time in which to put his message across.
As for the Australian market I think what is aggrevating the already precarious situation is shorting by hedge funds and by short traders........
You only have to have read articles published in The Australian to realise that it is a growing problem.
http://www.theaustralian.news.com.au/story/0,25197,23299894-20142,00.html
http://www.theaustralian.news.com.au/story/0,25197,23298145-5001942,00.html
http://www.theaustralian.news.com.au/story/0,25197,23221379-5014000,00.html
http://www.theaustralian.news.com.au/story/0,25197,23221376-643,00.html
http://www.asx.com.au/data/shortsell.txt
There has been more articles too.....
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- why is our market collapsing
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$63.91 |
Change
0.730(1.16%) |
Mkt cap ! $12.31B |
Open | High | Low | Value | Volume |
$63.18 | $63.91 | $62.82 | $13.69M | 215.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 1175 | 63.630 |
1 | 1175 | 63.590 |
1 | 341 | 63.580 |
1 | 1175 | 63.550 |
1 | 1999 | 63.530 |
Price($) | Vol. | No. |
---|---|---|
63.920 | 935 | 1 |
63.930 | 341 | 1 |
63.940 | 1175 | 1 |
63.980 | 1175 | 1 |
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