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Online Share Trading

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Blood is in the air

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Not applicable
Holy Sh*t! All Share down 4%! I'm ruined.
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10 REPLIES 10
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Super Contributor
Hurt or ruined? Using derivatives?
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Super Contributor
How much did u loose? i saw sumone go long on AGL yest with abt 500k! Ouch!
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Not applicable
people went long to the tune of 830 million yesterday...
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Super Contributor
Ya the market has been waiting for this news from anglo's..NO DIVIDENDd...they have not cut their dividends in decades if I am not mistaken..so this is a radical shift..and is in part a consequence of their selling non core assets that were originally aquired to help easy the cyclical nature of the minining industry.
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Frequent Contributor
if i remember correctly not even netcor cut their div when things were going pearshaped... this is pretty bad!
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Super Contributor
So are all these guys now Buying BIL's today? holding up pretty well. at least they still have a div. :)
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Super Contributor
ya electrox the way i see it is that everyone is looking at china for a recovery and apparently thier making the right moves, take a look at bil, mittal both holding out.
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Super Contributor
Ya, Now im pretty convinced this is what is happening.
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Super Contributor
Problably worse to come by Monday and next week. Wheres the next critical levels?
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Not applicable
I'm starting to think Topi is at the beginnig of the major C-wave down. If this is the case, stock up on tinned food or gold.
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