The XJO (ASX 200) has taken a beating of late. Closed today @...

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    The XJO (ASX 200) has taken a beating of late.

    Closed today @ 5363
    Right now ~9.30 PM the CFD is 5364 so has not moved.

    Wall Street ...trending up
    DAX.. German 30 ...ditto
    FTSE 100 Cash ...ditto

    Time for a cautious entry long for possible ~ 30 pts upside.
    Maybe risk `10 points downside.
    So the paramaters of
    probability, risk, reward,
    all look ok right now
    (of course it can all change very quickly )

    Buying......watching.

    Cafeat emptor.
 
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