daytrades may 18 morning ..., page-50

  1. 5,331 Posts.

    hey YT,

    the market is buckling under the weight of :

    1. Falling Commodity Prices
    2. Mining Super Tax worries
    3. Overseas funds withdrawing capital from our market
    4. General global market sentiment

    as usual our market will likely overshoot to the downside and there will once again be some amazing bargains to be had, now is just a time to be patient and wait for the opportunities to present themselves.

    as per yesterday the currency market is leading the equity market, the Euro is well off its early morning highs and no surprise our market is following it lower once again.
 
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