Don't take much notice of Clarkey.
You have to feel for the guy his portfolio has been completely decimated.
Anyway the XJO is in a three week holding pattern...I think a straddle may work and play the volatility...once the break in either direction is confirmed sell the dead leg. Historical and Implied volatility needs to fall a bit more and one week sideways action will be just too juicy.
tonite, page-8
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Last
7,989.6 |
Change
68.300(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,921.3 | 8,000.0 | 7,921.3 |
| XJO (ASX) Chart |