rau's new material, page-12

TF, the market is in bear mode, only big cap stocks are bouncing on short term trades, the market has more to correct. The best indicator right now is AUD:USD, we have a bounce off 82c & when thats over there will be another wave of selling. tracking POG is a waste of time at the moment.
I dont expect a new bull to begin until Dec/Jan until then I expect we will track broadly sideways & maybe a bit lower.