XAO 0.56% 8,612.6 all ordinaries

Short Term Trading Week Starting: 14 Jan, page-37

  1. 4,742 Posts.
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    The spec market at moment reminds me of Verge Collections in Perth. Every Council 2-3 times a year has free rubbish collections. You dump all your old mixers, blowers, fad junk on the street verge and Councils collect it. Convoys of scavengers descend on the piles of junk in search of anything of value. Unbelievable the stuff they take or then dump on somebody else's verge.
    The spec market is mostly recycling junk or looking for something of value. No clear trends or sectors in favour punters are scavenging for anything of value which usually gets dumped into. WHK, PUR, 4DS, E2E
    just churning. Some good prospects out there but patience required if going long.
 
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