XJO s&p/asx 200
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thursday trading, page-3

  1. voltaire
    17,444 Posts.
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    08/01/09
    08:46
    Post #: 4669164
    Remember the old first day down rule.

    After a trend up, when the US has its first big day down we usually fade it.

    In other words after a weak opening the odds favour a rally back to probably just a minor loss for the day.

    Pity nothing works 100% of the time.
    XJO Value at posting: 151.90
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