For those thinking of following the herd and selling today consider the inevitable rebound of 500 points on the Nasdaq tomorrow and the next day when the big funds (who have their eye on the medium and longer term) move in to scoop up the shares of skittish retail investors.
The global sharemarket’s biggest and most influential investor has said the following (on Twitter)
”The sharemarket is starting to look very very attractive...” With the USA and China in complete control of the virus there is very little for global investors to fear - except market manipulators dragging the price down to get in cheaper.
The timing of the global rebound will be perfectly supportive for Elixir Energy’s imminent re-rate on the ASX.
Coronavirus & Trump
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