FMG 1.26% $18.75 fortescue ltd

A super crash has taken place last night around the world due to...

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    A super crash has taken place last night around the world due to new covid variant.
    https://www.abc.net.au/news/2021-11-27/omicron-covid-19-borders-vaccines-mutant/100655742

    So come Monday sell will be quite hard. Markets in Europe down over 4%.
    This is a super crash event.

    All shares will get smashed on Monday and it will continue until they know if the curent
    vaccines work on the new variant.

    Its far nastier than delta strain.

    So a few weeks of pain will follow. Then if the vaccines are effective then a strong bounce upwards
    if not then new vaccines will have to be made and that may take weeks but not many months due
    to what they've learnt in recent years.

 
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