The only analogy I can think of to describe our market is you have some nice pieces of fruit on the table (some rotton) and every one wants to pick one up but you have the keeper (US market) standing over them with a large axe waiting to take off the first greedy hand. So every one is afraid. Two things can happen. Someone jumps in loses their hand then all follow and the fruit is gone quickly. Or no one jumps in and the fruit starts to ferment and people start to look elsewhere. Gold perhaps ?
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Last
8,589.1 |
Change
50.500(0.59%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,538.6 | 8,610.8 | 8,538.6 |
| XJO (ASX) Chart |