Running discussion on SP, page-5320

Ladies and Gents,
Let's face it. The rise from 4's to the highs of 8's some months ago have largely been built on hyperbole and fluff. Apart from the qualification there really hasn't been much to support the rise. The following ascendency into the higher ASX indices only opened us up to manipulation and we got played big time. We're getting what we deserve on the market unfortunately.
The market will anticipate and factor in to the SP the anticipation and when it doesn't deliver the outcome is predictable and often brutal, as we're seeing. In the short term we're in for more pain I fear, until some solid positive news, because all expectations have been sucked in and spat out.