Sure signs of overheating


Sure signs of overheating

The chart here is a chart of the company Virax. This company has nil sales, and survives at present on a start grant from the Department of Industry, Science and Tourism. The grant is worth $700 000 over three years. It can pay to be aware of this when attempting to trade blue sky potential as a chart goes into the stratosphere. We have sure signs of a stock market bubble when such valuations occur. Always watch developments in such charts closely, as indicated in last years classes.

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