Well if the dow futures are down like they are now (207) come Monday morning that will not inspire confidence imho. If we do open higher it may not hold for long if us futures are so bad. Europe has rallied though as you rightly pointed out. Our market follows US far more than Europe though (on most days).
Interest rates Tuesday as well??????? If up again???? My inclination is the market will not like it. Late Tuesday may be a good buying day.
Plus Dubai has a larger impact on Australia than in the USA. (Widely known) I hope it does bounce for my other holdings. If it does not I will be buying more Karoon Gas which is looking very promising.
Waiting now on the sidelines for this one - too risky even for me at the moment unless directors take options. Sincerely hope they do!
Good luck to all.
where's it heading, page-32
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