KZL 0.00% 12.0¢ kagara ltd

which way will it go?, page-23

  1. 160 Posts.
    There was no way with the fall in gold and general panic last night that KZL was going to walk away scott free, whole market in general has the jitters and this crap about panic cos of the chinese easing lending has been circulated for months and will be better for the global economy long term, seriously a country can't keep growing at 10.5% pa. Last thing china wants is to destroy their own economy with heated lending and over inflation.

    Suspect leading indicators will be "better but less than expected" tonight and the roller coaster may continue till wednesday when Federal reserve announce's their rate decision.

    Today is a day to sit back dont get all hot and bothered and wonder if the sky is falling in, cos it won't (at least not this week :P)

    If you have funds available think about taking another short/long term position - wednesday is my pick - unless data is really bad. can't see the metals prices rising for a couple of days, unless (there's a rogue announcement). so if you were hoping for a bounce by end of the week your out of luck.

 
watchlist Created with Sketch. Add KZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.