Wednesday, July 11, 2018

ASI - If 6042 is supported, short term target will be 6187 points

ASI has lifted it's head up - Slightly. It must hold 6042 in the short term. Then we could expect a short term target of 6187. This is not a very big move, but will be good medicine to an ailing patient.
The voices calling out for the Local Institutional support to the market is on the rise, slowly but surely. Values are very attractive, they should not leave room for front running or foul play. The time is great to accumulate in the most attractive way. The valuations are so low, that if collected should be held for a very long period. Even in excess of 30 years. Only the Pension Funds could do so.


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