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I thought my prediction that Asx will rise today deserved more...

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Brightoil

5,188 Posts.

815

18/06/21

19:05

Post #: 53933743
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Originally posted by Brightoil: ↑

Asx has already factored this drop in resource prices Onwards and upwards.like double jeopardy you can't punish stocks again after pounding it for last 3 days. Rebound tomorrow if not very soon
The reason for rebound is 1) people who bought 1c to 2c stocks sold out 2) new replacement share holders 3) fomo.
Think about it. The world economy is booming, China is booming, Australia is booming....and every country will need commodities.... and the other friggin reason is that the Dow is GREEN. YANKS are not silly like the Australian investors whom panic and dump. Brace and hold people.

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I thought my prediction that Asx will rise today deserved more stars lol. If it helped calm your nerves im happy. Give me stars buds.
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