"Do people think this will be a correction or a crash. Crash = All Ords below 4000 or correction hit 4500, then head back towards 5000."
Well it certainly is a decent correction. Just shows what a quake/tsunami can do I sold a few stock last thurs & again today. Some stocks appear to well over sold but put out a bid & in the most part you get filled which suggests panic selling is still prevalent.
The earthquake/tsunami happened last fri & anybody had all w/e to work out sell/or/buy & most obviously worked out a sell - not forgetting the sell now buy later mob.
Those who bought index put warrants last wed/thurs made a killing with the right timing.
Some stocks are holding up rather well - there are no bids!!
