No matter how long you been around you still learn something...

No matter how long you been around you still learn something from the markets.
Lesson's this week
It is not what is in a company announcement it is how the market react.   BIT released a non price sensitive anns about a presentation so the punters run with it and up 110% then down next day and another run day after.  Some good drill results PEX and AMG and not much follow up.

Emotions  reading FTT and POH you had to feel for some big losses. load up big before results and go to church to pray for a good result.  In one sense you feel for them but you scream you f/idiots .

Anyway WA finally got some GST  relief  our share has been below 70 cents  for 9 years.  Hopefully property market can pick up.  Selling 2 properties, renovating another to move into and trading from 7 - 1pm.
Pressure what pressure