Mumbo jumbo you guys are lost in space calling things that...

Mumbo jumbo
you guys are lost in space calling things that already happened.

fact is IOP just got caned down to 115 & FMG is at or near annual lows with the bearish season still ahead
Last year the peak was on 26 July yet its gone down earlier from that 8 June peak of 21.70

Danger signs ahead, the sept oct 2021 lows were 14.00 from peak of 26 so a 12.00 drop or 46%
and we are already at low zones of 17.00 area not even in the bear season yet

assuming another 40% drop from the 22 triple top highs thats 13.00 area, woah, risky to buy here
Danger signals & SHORTS are in charge now till 1 November

sell in may and go away, divy hunters got their paydays for years but the capital losses will hurt this bonus.
China sanctions & china readying for war is not a good bet for china dominated stock like this.
I warned them to pay down that gross debt when they could but CS has one over them & so ignored yet again. Still margins are still good unless IOP drops to under 60, yet global inflation & commodity shortages & lower AUD$ will buffer such a scenario imho.

Shoulda taken the money at 22 toombs.
Im sitting out till 1 Novmber till the next bull season starts.

Burn them longs BURN..say the SHORTS.