The bad news is financial markets have just imploded..the oil price has been smashed and markets have crashed over 7%...ASX looks like plummeting at least that today...........Aus$ destroyed, down around 12%.....so in effect, in international $ terms the Aus sharmarket is looking like crashing 15% - 20% today...
The good news is in Aus$ terms oil has risen to $125BO......
Hold onto your hats guys....and to think this was meant to be our month....I get the feeling it is getting of to a bad start.. Cheers
ELK Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held