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SPDR Dow Jones Industrial Average ETF Message Board

mike9morr 1 post  |  Last Activity: Oct 8, 2015 5:49 AM Member since: Oct 22, 2012
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    Who is selling and why?

    by energ_one2 Oct 7, 2015 2:55 PM
    mike9morr mike9morr Oct 8, 2015 5:49 AM Flag

    energ 12
    back in Oct 2014 told you this would need xtra funding and watch AUD currency. So far both have affected this and still see a lower AUD to come eventually near $66.5 is my guess. So i still see no movement on this other than a small bounce. Keep in mind the OTC market has moved this to a grey market stock. 30 day vol has dropped big short interest is sitting at 80% which is not favorable at this time, but would explain a spike here or there. I can see the Australia stocks struggling for a bit. My guess is a buying point would be when aussie market hits 4500...

    Sentiment: Hold

184.13-0.25(-0.14%)Jul 29 4:00 PMEDT