SMN structural monitoring systems plc

SMN - Chart, page-3670

  1. 3,297 Posts.
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    We differ on some things. Sure the market can correct, I am not expecting just a 1 day drop, but 40%. Wow.

    On 1 Aug 2024 GSPC high 5551 two TD's later low 5119 that's a 7.8% drop in two days. it then went on to record an entire series of higher-highs and higher lows all the way up to 6094. That looked like market manipulation to me in hindsight.

    Much of the fear yesterday stems from fears of inflation with Trumps rhetoric about a 60% tariff with China and a 10% tariff with the rest of the world with a few possible exclusions with our friends.

    I am sure that some of the things he says are truthful in part. Can't remember specific one. I suppose the first litmus test will be if the Ukraine-Russia war ends a week after his inauguration. His strongest point is the range of excuses he comes up with. Like I asked the Ukraine to give up a 1/5 of their country into a demilitarised zone, for peace, and they ignored me. So did Putin because he wanted a 1/4. Go figure.

    From the first week January to peak this year the GCPC has risen 28%. So a 10-15% correction would not surprise me at all. That's market behaviour.

    There are other issues we differ on but it's late and for some reason I am always up very early.

    It's a case of we shall see.

    Goodnight.
 
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Last
38.0¢
Change
0.000(0.00%)
Mkt cap ! $58.67M
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1 49999 38.0¢
 

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Price($) Vol. No.
39.0¢ 53700 1
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Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
SMN (ASX) Chart
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