The ASX is trading on sentiment , most trades are irrational and...

The ASX is trading on sentiment , most trades are irrational and based on no sense of value . This is the normal bear behaviour at this stage and in a couple weeks we will have some stable playing , and good plays like ERH can get some good activity but dont expect wild runs up to fantastic levels . In fact playing bear runs in the past can be quite solid on a good well result . The punters play en masse but jump alittle early.

Good time to average down for the ultimate run in the weeks ahead ...