pwu
This is just a hypothetical scenario.
If one were to jump in at 13.00pm today at $4.35 while BHP is sitting at -7 to make it worthwhile one would need to throw in a min. of 30K units and ride it to 4.40 which is not impossible. But I see it to be too risky considering the time of the day and the capital involved. If the time was 11am, no worries.
As I type this the SP is 4.38. :)
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and you would have made 3 g's profit regularASX, thats if your target was 10c p/s. Not bad for an arvo, $1000 per hour.
the spread today was 27c from top to bottom. It didnt stop going up from that $418 low at 1015ish.
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