XJO 0.10% 8,212.2 s&p/asx 200

thursday thanksgiving trading, page-155

  1. 3,731 Posts.
    So Volt, you current bias is bullish in short term, right?

    I am thinking a sort of range between 3400 and 4000 for a while for our market.

    The reason is what can move our market higher than 4000? Banks and/or resources?

    Banks are capped by LPT or other phony companies bad loans, and resources are one company show (BHP) since RIO is becoming one of the highly leveaged mining giant, and I really cannot find any companies that can lead us to next level.

    Of course, anything could change very quickly. I appreciate your vision on our road ahead in coming months.

    Talking about the victim of leverage, SHELDON, used to be the world the third richest person ($30b something), because of the $10b debt on his fancy Vientians in Las Vegas, Macao, and Singapore, now might be less than 10% of that..
 
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