Afternoon trading September 11

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    Thanks @shovel40, @Fiji1 and morning crew.

    Half-time wrap:


    The share market overcame early weakness as gains in the big banks and supermarkets helped offset declines in tech, healthcare and property stocks.

    At the halfway mark, the ASX 200 was ahead six points or almost 0.1% after earlier falling as much as 23 points. The local market started the week on a four-session losing streak.

    Macquarie Group and the big four high-street banks were the pick of the index heavyweights with gains of more than 1%. CSL was the biggest drag, falling 1.3% as its shares traded without the right to the next dividend payout.4

    A tentatively positive Friday session in the US was overshadowed by further strains on Asian markets this morning. The Hang Seng index in Hong Kong plunged 1.46%. Japan's Nikkei shed 0.19%. On Friday, Wall Street's main indices gained between 0.09% and 0.22%.

    At today's low, the ASX 200 had given up more than 180 points in the last week amid questions about sticky inflation, weak Chinese growth and the outlook for global rates.



    Personal trading: Brutal action among some of the recent faves. Caught a pip from the RDN falling knife. Swung and missed twice at WC8. Took goldie BGL at obvious support, but no real bounce yet. Got carried away by a double tweezer bottom and horizontal support in DXS and bought, only for further subsidence to set in. If only the technicals respected me as much as I respect them. It's an abusive relationship.

 
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