Today across the board "forced selling". Yesterday massive pull-down will save Sap & Velesto from further selling down----Others might lost 60--70% in 2 days
Looks like o&g counters epf got substantial stake in got early rebound. Since the crude price war not likely concluded the uncertainty still lingering.
It is Oil price that caused Bursa to crash Not Dow. With Russian back to Opec++ I think Oil will rally back to $60 in coming Days ( Velesto is crashed by $30 Oil Not Dow) Velesto gave 50% discount
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JJchan
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Posted by JJchan > 2020-03-10 10:37 | Report Abuse
Today across the board "forced selling". Yesterday massive pull-down will save Sap & Velesto
from further selling down----Others might lost 60--70% in 2 days