ASX Morning call 9 OCT, page-27

I am closing my longer term short not seeing the capitulation I like to see and looks punters are getting late to the fear trade. I expect some back peddling from here now momentum has stalled. Looks like CBA and CSL forming a base.

Will see if I can get again higher if it goes up but only 30 points from target and over 150 points on most of position on the ASX is pretty tough to do without weeks of positioning and build a position hoping for a move.