Japan's stkmkt is in freefall. Down 1200 points in just 2 days!! Thank goodness China's mkt is closed all this week as it too would have collapsed, dragging the ASX down even further. Despite the strong sector in baby formula BAL is not impervious to these huge macro events/situation. Newbies can afford to be patient imo. When SP bottoms i doubt it will be a V shaped recovery as has happened on every previous occasion. Simply too many people getting burnt. Caution needed.
BAL Price at posting:
$11.53 Sentiment: None Disclosure: Not Held