Confidence will no doubt have been rattled, and subject to news, all speccies will probably trade in a narrow range off yesterdays lows.
People will need to feel comfortable that a further tumble is not around the corner.
And thats what makes the stock market so much fun. The Brave can make a lot of money. I was up at 5 this morning adjusting my stops down ( broke a rule I know) on my favourites, just caught my PIO in time.
As for SXP I'll have a look tomorrow afternoon with a view of topping up should it still be sitting around 30 if not then PIO may get the nodd if its around 16.
Cheers
Oscar
SXP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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