per-chart, page-802

It is a sea of red on my screen this afternoon.

The only stock holding it's own is PER.

At this stage we can assume it is EOFYS that is the cause I suppose, but I always get very uncomfortable in these situations of price drops and selling on a wide scale.

This is an ideal opportunity for the gaps to close but whether on not they will is in the lap of the Gods.
There are certainly a few there.

People always assume that the stock will drop on it's own but the whole market can drop in tandem.
I don't remember when we last had a fair size drop in general but a small correction is probably due I would think.

Shit I hate the stock market!
The only thing about the stock market when compared with realestate is that you can get out at any time if you drop to the first buyer - in realestate you can be stuck for the rest of your life.

I don't think that anything serious is afoot but we have absolute dickhead pollies all around the world at the moment. Hopefully we will get back to a business like leader in November and tell the socialist to piss off.

We are playing in the deep end of the pool with the penny dread-fulls so we have to expect ups and downs.

Lockitt