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NEWS, page-237

  1. 577 Posts.
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    With no news flow, not even an update with the smallest of details in regards to the BS restart, the buyers have drifted away even at these cheap prices. (18m buyers (6m my orders) vs 25 sellers)

    I fear that any short termers who bought in at high 5 and low 6"s may offload Monday and Tuesday, chasing the bigger gains that will be on hand all over the asx following the few days of green on the US markets.

    The risk free buy zone I feel looks to be 6.1 - 6.6 after reaching 5.6 as a 12 month low during a decent tree shake.

    No news flow this week will be a kick to SP balls

    if we can't see the SP appreciate on ASX green days, when people are looking to park their money somewhere, how are we suppose to get the SP higher in a risk adverse, inflation affected, interest rate rising economy?

    No one wants a cheap take over offer, but with the vwap languishing extraordinary low, and we saw the power of the retail vote at the last AGM, anything above the last CR becomes appealing to people who are willing to cut their losses and move on.

    In Summary, PH pull your finger out and feed us plebs some god dam news, to stop this SP rot (not too soon I want my orders filled first)

    that's my weekend rant, time to grab a six pack, go fishing get some dhuies and forget about POS till Monday
 
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