I don't think I ever dropped 100 points so fast before in my entire life. Shorted right before 7am after US close, hoping for a gap down, instead she gapped up and never looked back.
Hate to say it, but it looks like the market doesn't want to give a toss about economics, and just wants to go up.
Way too many shorts out there, I know of 2 hedge funds that are really sore today, licking their wounds after going limit short on Monday.
tumultuous tuesday, page-73
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Last
8,072.5 |
Change
27.400(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,045.1 | 8,085.0 | 8,045.1 |
| XJO (ASX) Chart |