Hi readers
Today is what we call window dressing for the numbers.. Today is the last week of the quarter and most serious managers are looking after there own interests.
What tends to occur you put the selling aside and you let the market drift up.
Next week there is two days before the quarter finishes and some do use the last trading day also.
It's really gotten out of hand this quarterly reporting.
It should be the last trading day of the quarter not the last Friday of the month.
As I got told once upon a time money can change the goal posts to suit ones needs.
We saw the ASX gain 3% on nothing while the rest of the world was markets just drifted around.
Obviously there will be some good falls in coming weeks for that market.
Let's look forward with the lunar eclipse approaching we need to prepare for what's coming.
For the Bears out there entertaining moves are on the way, for the Bulls it's time to chill out in the stables, and for the Sharks there is some serious trading opportunities.
Today is what we call window dressing for the numbers.. Today is the last week of the quarter and most serious managers are looking after there own interests.
What tends to occur you put the selling aside and you let the market drift up.
Next week there is two days before the quarter finishes and some do use the last trading day also.
It's really gotten out of hand this quarterly reporting.
It should be the last trading day of the quarter not the last Friday of the month.
As I got told once upon a time money can change the goal posts to suit ones needs.
We saw the ASX gain 3% on nothing while the rest of the world was markets just drifted around.
Obviously there will be some good falls in coming weeks for that market.
Let's look forward with the lunar eclipse approaching we need to prepare for what's coming.
For the Bears out there entertaining moves are on the way, for the Bulls it's time to chill out in the stables, and for the Sharks there is some serious trading opportunities.
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