Market might be exhausted.
I feel tonight is going to be good in US. It might have an intra-day low, and stage a coming huge coming back. I guess the pile of cash must go somewhere.
It is just a confidence game. People can change the mode very qucikly.
One clue is the TB has been sold down last couple of days. Where is the money gone? Back to saving and checking account?
Some of the money might gone into gold, but I suspect the rest will eventually back to market soon.
Why we have scared ourself to death? If everyone take a break, and don't want to outsmart each other, MR Market will take care of everybody.
october 10, page-150
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |