RFE 0.00% 0.0¢ series 2018-1 reds trust

today will be the test, page-2

  1. 7,207 Posts.
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    hi Ispharpen, personally dont think a red night on the dow will have too much affect, holders that have sold have been spooked out by the drop in SP after the reserve upgrade are almost gone imho, a smallish red day on the ASX wont trigger a landslide of selling especially when we are alredy sitting on a long term support level.

    believe the 73k for sale at 40c is the remnants of a seller in the 3-450k range, once this seller is gone, cant see why people who have held all the way down will suddenly be worried by a 1% drop on ASX, yesterday factored in some of this drop anyway.

    will be grabbing a few more at 40c before they disappear, dont think it will drop, but once again, only my opinion.
 
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