XJO 0.47% 8,256.5 s&p/asx 200

brother disco stu's shocker - tuesday, page-138

  1. 1,996 Posts.
    Martis - yes both markets put in a weak day yesterday - But there is an opportunity for our market to try to wrong foot us on the timing first (if they intend to be short tomorrow) - either by an hour or by a day if they think the DOW will be red tomorrow - Either gap up and sell it down immediately - or gap up and just do enough to hold it up (low volume) while they set up their shorts for tomorrow.
    If on the other hand we get some good follow through volume and push up through supply on reasonable spread and can close somewhere near the high then that would indicate they are happy to absorb this supply for now and are anticipating a green day on the DOW tomorrow. So could be some nice trades today one way or the other.
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