Yes that is my experience too from watching index resets on the ASX via H/C.
They certainly don’t play fair, that’s for sure. I’m picking the climb will only come after the funds have their fill. It may be less bounce and more steady return to whatever norm is
MSCI. ATM on current market cap woudl put it in third spot behind Auckland Airport and Meridian. In front of Fisher and PAykel, Spark, Ryman and Fletchers
8th overall market cap - but MSCI is based on free float so you have ti unload a few at the top and poke around the edges to get the float value. (I cant be bothered doing that as it is a purely academic exercise given ATM is going into the Index - someone else might like to do it though.)
Looks like shorters covering their bums before tomorrow.Don't want to risk a possible incineration.
The sense of anticipation is rising. Some say it will go up tomorrow. Some say no change. Some say expect a fall. Given I've put new skin in the game I am obviously backing Option One and expecting today is the day the booster rockers have fired, not the ballistic parachute being set off
if you have ATM in your portfolio... one thing is for sure..What is see at 9am would have been drastically changed at 5pm(only IF you have ATM)...Jeez these movements are like pendulum swings...
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