asx monday predictions, page-22

I'll go with a drop on the open to rally in the afternoon and close flat.

S & P downgrade was expected, and might actually do some good snapping the US polictial bickering into some action.

I think the Fed will,and would be expected to respond quickly to this,(possibly Tuesday?).

I wont be near a pc at the open on Monday but will leave a couple of buy orders in, hoping to catch any left over panic from Friday.



Oscar