Market Update 12/10
I think the ST bottom is in for the market.
- I still think commodities are ripe to take off for the next 3-5 years.
- I think the death of the banking/property sector has been priced in.
- I think that telco’s are going to stop fighting one another.
- When the above 3 sectors move the market moves.
Though yes there will be protests again on Wednesday, it’s not the first protest and therefore not a surprise to investors….someone should take these kids/young adults to the side and advise them on strategy. If you want to take the whole system down at one shot – you don’t get support. If they focused purely upon Prayuth, the military from the get-go I’m fairly certain the #’s on the street would be 5x larger than today. By throwing in the monarchy into their message…this causes people to pause, hesitate and not participate in any protests.
2 thoughts on “Market Update 12/10”
Apologies Pon but could you expand the acronym “ST”. Your comments are always most valuable. Many thanks.