Thanks Amulet. I took note of 64's post (good spot, buddy) but couldn't find any reference to the Merrill downgrade in the usual market summaries this morning. Certainly not dismissing it as a factor but you would expect it to show up in Shanghai/Hong Kong trading if it was the main influence weighing on our market, and both of those markets were ahead. The market is a complex beast and often as unfathomable as one of CGull's posts.
