Do you know what the vix index is?
If u dont then google it but i will give you what i know for free.
Vix = volatility index.
25% was close on US market friday.
This is why i dont think a recovery is that far away.
The US was due for a correction so it shouldnt be down for much longer.
May see a bit more red on the asx however the worst has been done.
25% is not to bad when you compare it to.
World trade center attack. 40%
Gfc 80%.
Most US companies dont have exposure to the uk anyway so a correction that was due plus some nerves will be quckly forgotten.
All IMO except the facts which you can figure out for yourself.
TV2 Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
