Short Term Trading Weekend Lounge 4-6th Mar., page-71

Asx is resource driven while Americans are more tech and other plays... for example, FINTECH plays there without any revenue generating businesses are making 500m plus market caps... and some with just generating revenues and not being profitable have market caps larger than billion... While the companies in the same sector generating profits have market caps closer to 100m and that is AU $


So what I am trying to say... investors and money flow is AU is much different as compared to US...

I agree with the rest though... by saying this, it does not mean we should not make money participating in bubbles... just need a better exit strategy that's all...


Cheers