Hi folks
Something tells me that the next 10 trading days are not going to be boring.
Firstly there will be the lead-up to the quarterly release on Thursday to be followed into the next weeks trading with the markets response to the data.
After seeing how the market responded to the "Inaugural dividend (interim dividend fully franked) with a general slide in SP was a surprise to me.
Any attempt by me to estimate the markets SP response to the quarterly report, after I have seen it, would be totally useless.
I am expecting volatility. No other predictions, will be just observing. By the close of Friday the 5th of May I'm expecting the charts will have resolved it's intended direction one way or the other.
We shall see.
cheers Lies
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