Wasa: This is quite a severe situation with omicron in the sense...

Wasa: This is quite a severe situation with omicron in the sense that it is forcing lots of people into isolation, all at once and is also disrupting our healthcare system. Businesses are closing because there are no staff, and spending around Australia has gone down to levels that are now in line with when VIC and NSW was in severe lockdown.

IMO it is logical to assume this market manipulation is possible at the moment because the market is being cautious with the situation, as it is an 'unknown' on where this is leading.

So far all the evidence is pointing towards this ending probably by the end of Feb. Once the pandemic is officially over, it will increase confidence in spending and the economic recovery around the world and in Australia will see NEU implode.

This is all in my opinion. So far, all my predictions from $1 to here, have all been correct.