I think we will se a few days of red still, the market has been hand fed liquidity across the world for almost a year, now that theres potential of it being taken away, the market will spit the dummy, can't believe I get to short the banks twice!
As for BOM I hope they announce on a correction day, Correction days tend to be Mondays and Thursdays, so heres hoping.
I am a little short Apple and a lot short AMZN, (Apple always tends to get ahead of its self coming into announcement) and AMZN is going to drop a further 50%. 70 times earnings - sorry the kindle aint that good and yes Apples tablet is very good, subscription magazines and newspapers as well. I hope for you that we dont have the $100 drop like last year on AAPL.
BOM Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
