Tough market at the moment. IF your still holding a balanced portfolio then a good dose of BBOZ (easy to buy seems liquid enough) IMO has been very handy over the last 2 weeks (for me) with huge volumes going through.
One thing I will say that the market will destroy your account if you let it. Tight stops are needed or if you can stomach the wild swings then there is still an opportunity here to gain some dollars if your quick.
Back in 2008 I had a holding in newly listed RAMS (later bought out by WBC) from memory there funding got cut off and they were left to the mercy of the market. It was not kind.
NAB hopefully won't cut WZR off, but if the financial markets go into a complete and utter meltdown who knows what could happen.
Trade well. Good luck.
WZR Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
