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Why IMU is a multi multi bagger, page-26071

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    September is normally a bad time on the share markets - last night global markets proved that.

    In Europe, the FTSE fell 65 points (.78%), the DAX fell 183 points (.97%) and the CAC fell 71 points (.93%).

    II the US, the markets fell heavily. Doubts about tech leading the markets is growing.

    The DOW fell 626 points (1.51%), the NBI fell 87 points (1.79%), the NASDAQ Composite plunged 577 points (3.26%) and the Russell small cap index fell 68 points (3.09%).

    Some worrying signs with other commodities as well.

    US Treasury 10 year bond yield is down to 3.871%.

    Oil prices fell heavily - Brent crude at US$73.74 per barrel.

    Gold price is trending down - now at US$2,492 per oz.

    BITCOIN sits at US$58,186.

    I suspect that the ASX will be quite depressing today and we may see a drop of 100-150 points.
 
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