XSO 1.17% 3,001.1 s&p/asx small ordinaries

The Brains Trust, page-8027

  1. 6,499 Posts.
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    Financials under pressure due to the announcement of a royal commission - I expect this to force the XFJ into a moderate downtrend, which I see as healthy for the rest of the market as money will come out of the banks and distribute better throughout the rest.
    Combine this with the crazy sh*t bitcoins are doing where I expect money will come out of that market and go back into higher risk equities.
    I see the developments of the last 24 hrs as rather bullish for small to mid caps, and probably the large miners.

    Or perhaps:
    BHP secures new acreage in the Pilbara to mine for bitcoins.

    Kidding, kidding, don't sue me.
 
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