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so here we are , roughly a week's trading left before the Christmas New Year breaks ( depending whether the market closes early on Friday 23 rd )
investing.com has the ASX SPI futures in negative territory ( so far )
and both Commsec and Bell Potter suggest their analysts have already gone on their Xmas break , so one might assume some bigger professional clients have also gone on vacation
leaving the small traders and investors to actually have some influence in market moves
now normally i can get some interesting buys ( and less often sales ) done in the next month ( actually right up to Australia Day ) BUT will this year be 'normal '
to give some sort of hints watch the 'market maker' bids/offers on popular ETFs ( if they stay relatively normal or shrink and shrink back that extra cent from the buying action )
expect SMSF folks having a proportionately bigger influence on the market , will they cherry-pick the large/mid caps , or veer toward LICs and ETFs this year
feel free to add a poll if so inclined
good luck everyone
investing.com has the ASX SPI futures in negative territory ( so far )
and both Commsec and Bell Potter suggest their analysts have already gone on their Xmas break , so one might assume some bigger professional clients have also gone on vacation
leaving the small traders and investors to actually have some influence in market moves
now normally i can get some interesting buys ( and less often sales ) done in the next month ( actually right up to Australia Day ) BUT will this year be 'normal '
to give some sort of hints watch the 'market maker' bids/offers on popular ETFs ( if they stay relatively normal or shrink and shrink back that extra cent from the buying action )
expect SMSF folks having a proportionately bigger influence on the market , will they cherry-pick the large/mid caps , or veer toward LICs and ETFs this year
feel free to add a poll if so inclined
good luck everyone