Jimmy you're 100% correct, my mistake, and the stochs have only been down here one every few years. Power is skyrocketing all across Aust so it has to be good for profits, not sure how the carbon tax effects it if at all.
I've been focusing on the big highly liquid stuff given the market is closer to a top than a bottom most likely, and money has been flowing from the small and midcaps into the big ones for the past month or 2.
