HI ravster I dunno. I would take a view rlating to the ASX and DJIA first and then take a view re ORD.
If your view is that the ASX, XJO, ASX200 and DJIA have still further to fall then that will in my opinion happen.
I am of the view that today is the bottom of this correction but I may be wrong. I will take a queue from the trend of the ASX towards close today. Strong down then bearish view for monday and then I reckopn monday will be the bottom. Strong recovery on close FROM THIS LEVEL then probably is the bottom.
From the above I then take a view re ORD.
Must say it will be hard to beleive ORD will fall further than 0.056 tho but stuff happens
VAN Price at posting:
5.6¢ Sentiment: None Disclosure: Not Held
