BullCharts : possible CFD trade for Rio today? http://www.bullcharts.com.au/forum/ This is an XML content feed of; BullCharts : Stock Chat : possible CFD trade for Rio today? Copyright (c) 2006-2009 Web Wiz Forums - All Rights Reserved. Wed, 08 Apr 2026 09:16:36 +0000 Wed, 22 Feb 2006 16:01:48 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 9.69 360 www.bullcharts.com.au/forum/RSS_post_feed.asp?TID=332 BullCharts http://www.bullcharts.com.au/forum/http://www.bullcharts.com.au/images/bull_logo.gif http://www.bullcharts.com.au/forum/ possible CFD trade for Rio today? : Looking at RIO today after the... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=332&PID=1208#1208 Author: Cobra
Subject: 332
Posted: 22 Feb 2006 at 4:01pm

Looking at RIO today after the fact, you would have made money on  a short CFD. I think generally after this round of ex div dates are over the market will struggle to find support for a while, let alone go through the 5k ASX200. Orica looks to be bucking the trend though, plenty of support the last few day's.
US markets are very volatile, and are having trouble finding a good reason to move through 11k (Dow) convincingly.
]]> Wed, 22 Feb 2006 16:01:48 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=332&PID=1208#1208 possible CFD trade for Rio today? : Monyet I didn't see your... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=332&PID=1202#1202 Author: chart rider
Subject: 332
Posted: 21 Feb 2006 at 8:24pm

Monyet

I didn't see your post in time, but buying a stock the day before XD date to take advantage of the div is a non viable strategy.  Go back over some charts and you will notice that on XD date the value of the stock generally loses value equal to the dividend amount.  In some cases the drop will knock the wind out of the stock for some period of time, other times the price will recover soon after - there is no general pattern to the recovery characteristics.

However, it is a viable strategy to consider buying a stock a few weeks before XD date.  In many cases the stock will rise before the XD date, and it is possible to exit either the day before XD, or take the dividend and see if the stock will go up again soon after.  If the stock continues to fall after the div date and hits the stop loss, then the capital gain may be some where around break even, but the dividend is in the bank. 

CR

]]> Tue, 21 Feb 2006 20:24:28 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=332&PID=1202#1202 possible CFD trade for Rio today? : thinking of buying in Rio - to... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=332&PID=1201#1201 Author: Monyet
Subject: 332
Posted: 21 Feb 2006 at 9:39am

thinking of buying in Rio - to take advantage of ex div date tomm.

anybody got any thoughts?

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