I thought we were overdone at 4300 and it went to 5024,,,,,
Im very bearish with Europe growth to be lower, causing less demand for exports from china, resulting in less GDP growth for Labor, AUD o fall Gold to soar as some hedge funds get crushed by volitle oil and commodities markets..
just a thoery
Personally the Trillion dollar bailout has done nothing that move the debts taken from the private sector to the EU member governments to the EU central bank delaying the shakdown....
trade safe, my only interest at present is NCM and GOLD, it worked in 2008, 4500 broken so expecting a steady flow of margin calls and forced selling in the majors for days
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