Morning All,
Crazy turn of events last night as the Australian government (our labour party) begins to fall apart as they can't establish who to support. Rudd in 10 mins will be stepped down IMHO with the unsuccessful Gillard stepping in. Watch as their empire falls down around them.
XJO chart below.. Not sure what to make of it.. its not over yet, but a south day soon could change that.
Another chart of interest is LSR. Bit of volume crept back into it yesterday. Just worth watching IMHO.
Interesting times ahead. Expect the Super tax to be put on the back burner shortly, as Gillard tries to gain voters confidence and approval from the public.
Cheers
Kevi
daytrades june 24 pre-market, page-11
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