General Discussion, page-4935

vin123. The Index EFTs are the major contributors to the rises in ASX listed ordinary shares. They are topping up, big time, with super money and individuals that are not prepared to invest directly into the market. Look at the price of CBA, brokers have missed out badly. In fact, CBA has been on brokers' SELL list for weeks around $100, being over priced and WAY above fundamentals, yet, it continued to spiral upwards hitting its high of $134!! (Add 5 more ! to them), super is the major supporter of the ASX.
In that case, retail buying by individuals will be very limited for small cap companies, until they actually deliver irrefutable performance outcomes. (Hopefully for UNT, starting with the March QR next week!!).
I agree that the US is also way over bought, with very heavy emphasis on a potential rate cut. Frankly, the equity markets are in a very delicate state.