I think the ST bottom is in for the market.

Why?

• I still think commodities are ripe to take off for the next 3-5 years.
• I think the death of the banking/property sector has been priced in.
• I think that telco’s are going to stop fighting one another.
• When the above 3 sectors move the market moves.

Though yes there will be protests again on Wednesday, it’s not the first protest and therefore not a surprise to investors….someone should take these kids/young adults to the side and advise them on strategy. If you want to take the whole system down at one shot – you don’t get support. If they focused purely upon Prayuth, the military from the get-go I’m fairly certain the #’s on the street would be 5x larger than today. By throwing in the monarchy into their message…this causes people to pause, hesitate and not participate in any protests.