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Shorting the Housing Bubble in Australia, page-94

  1. 16,324 Posts.
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    And finally we can talk about that house.... announcement today......

    oh ol Blackrock..... see the buys and sells...... another one losing OPM(other's people money)......

    They've bought as high as $4.97 ! lol

    Look the tracking from their buys and sells ....just pick one... eg. from 10 July to 12 of July..... these are the same traders that oversee superannuation to many mums and dads..... wow.... dear me.....

    Just need to take an average of their trades to see they are not doing so good... As a significant shareholder of the company.... I wonder what will happen when the Debit Ceiling comes and many of the financials start liquidating some of their investments.....

    Still at $4.27 with lows of $4.23 today re-testing $4.25....

    IMHO, after this announcement, I do believe the Downtrend is pretty much safe and sound intact now....

    GLTA

    cheers

    T10
 
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