Morning trading September 7, page-139

OT
Not for long imho !
The cowboy sector is being exposed in my opinion ! Clearly asic and asx have no regulations in at all !
We are, i believe, going to see a major correction !
Just a matter of time !
I can't see any value in most of them, the majority are just lifestyle companies with CR after CR !
Sure the trade can be there but it is a huge risk and getting riskier !
I believe we will see a lot of money pulled out of the markets , reasons being interest rate rises, people tightening their belts, and the risk appetite is getting riskier and riskier at the high levels of some of these lifestyle companies !
Just thinking out loud,