Short Term Trading Week Starting: 21 Nov, page-36

Got my 600+ for NUF.

Brought some GNC on weakness after stellar FY numbers about a week ago, weakness concerning lack of transparency for FY23 harvest concerning floods, idea being going ex div 28/11 (normal plus special), with fear being a more intense emotion than greed it's only sustainable for shorter time periods, greed will reassert itself leading up to 28th for quick 5% off large dollars, lookin' a bit iffy atm.

Apparently GNC do regular updates on how the harvest is going, it's a trend thing, market looking for a 'not as bad as expected' scenario, bit like the yanks and the DOW, if the fed comes out and suggests (not says) that it's not an Old Testament end of the world inflationary death spiral but just really really really bad the DOW puts on 1000 points.

So the bloody farmers better pull their combined finger out, they remind me of the BH, always whining about something, too dry, too wet, too windy, not enough back packers to exploit, if they would just stop whingeing they could probably free up 50% of their time ffs.

Need a good set of numbers before 28th to give that greed something to chew on.

Post delivered with humour & respect.