A timely email appeared this evening.
http://blog.rogermontgomery.com/
At which I can only add;
During a period of higher interest rates family budgets will come under more pressure.
A good way to leverage against this is the Consumer Staples.
WOW best in class plus,
No China QE issues.
No POO or commodity issues.
As for a trade, well that's a different matter.
I can't predict where the SP will be tomorrow but...
All my chart indicators are still positive and-
WOW Short sales as at 8th March 2010. 10.57%
WES Short sales as at 8th March 2010 45.20%
GLAH. P. My thoughts only.
wow chart, page-45
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Last
$33.94 |
Change
0.200(0.59%) |
Mkt cap ! $41.46B | |||
| Open | High | Low | Value | Volume |
| $33.94 | $34.10 | $33.85 | $47.51M | 1.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6276 | $33.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.95 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |