I'm still a bit surprised by the drop. I expected a dip or drop in the first or second week in May. And I thought the sp and traders had factored in lower earnings this April. But something has certainly made the market jittery these last couple of days. Still, none of the company reports I've seen really warrant the fall of the past couple of days IMO. Maybe people are just a bit nervous waiting for more info on the banks, and jumping at shadows in the meantime.
The DOW has still not yet dropped below the support of 7835 although it's sitting right on it. And the All Ords has a way to go before falling through 3650.
It'd be nice if they held up at least for a bit longer - I haven't cashed in all my March/April profits yet - lol.
