Ever since GFC markets have been subject to rising volatility.
Peeps should be already used to it.
Anyone could see the Dow and the rest of indices were just looking for a blowoff top.
Many stocks have been slowly ground down over the last month or so which I l d me to start to smell this coming.
Remember, this crash is due to financial misgivings, not to do with mining and the supply of everyday products.
A bit of over buying on AVZ too maybe. Valuations eh?
What’s the value to AVZ in reality?
Hmmmm, it will always be measured as a multiple of many things but demand and supply will rule in the end.
Stay focussed on that equation, wait for drilling results to give us the supply side and see where demand kicks in.
DOW, ASX, etc, will do their own thing. If AVZ gets caught up in that like today then that presents a buying opportunity for the person who can ignore this noise.
stay focussed on AVZ getting it’s next job done.
Running Commentary on the SP Movements., page-13922
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