Afternoon trading March 27

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    Thanks @shovel40 and morning crew.


    Half-time round-up:

    Please click here: "ASX Today: First drop in four sessions as relief rally falters"


    Personal trading: The bounce stutters. It's been a cracker, but looks over-extended now. Stocks move in waves and this one must be close to cresting if it hasn't already. The market is forward-looking, but there is so much grim news ahead that this rollercoaster ride is far from over. I'd be surprised if there isn't a serious retrace next week. Today: scraped a slender win from PAN but coulda done a lot better. Took the opportunity to lighten a losing position in KAR held from the big plunge three weeks ago. Three weeks! That's about five years to a day trader. Bounce may have further to run, but the oil price is not playing nice. If you're holding, bear in mind I'm often out too early.


 
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