Hey all, I wouldnt be too dissapointed where we are at . Just a short hop skip and jump to the 20's. Lack of volume in kal compared to usual due to people still cleaning their dipers. Once the market stays ok for a few days people will forget the disaster of tuesday and start tentatively placing a few more orders . Interestingly, had a chat back in november to a chap who works in govt employees super fund and he stated at the time that the big supers and fund managers were expecting loss of around $400 billion wiped of our market. Currently $300 bill has been wiped off. So if their estimates are correct then we can still expect another $100bill to be wiped off somewhere down the line. Dont think it will be in a dramatic fashion like tuesday though. Remember these are just the thoughts of soulbrother. Cheers for now.
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
