Watching CNBC and they are wondering what’s going with the market sell off ASX down 2.75% following the US as per usual. My names not Freddy and I’m not blind but what’s obvious to me is the positioning for rotation is taking place with other waves coming from other directions as well, Russell Small Caps down 3.7% in the US Friday being the biggest loser, imo if that’s where the money will be going from the tech sell off that has been way overbought then why wouldn’t they try and crash the home of where there profits will be going. On top of that all the smarties , banks ,hedge , super funds ,instos will be all be biting their finger nails now across the whole market with respect to Trump trade positioning thinking he was going to be a shoe in and now looking likely Kamala will be kicking his arse all the way to Mexico so a good chance volatility will be high as they try to pull the wool as they reassess their bets.
DRE Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
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