Thanks Wayward and Jako. Have been looking at a few metrics. Experience tells me though if you lack faith you should either gain that faith through research or look elsewhere.
Last night in the US was unconvincing. BHP and RIO hit harder in London than NY but really they were not off that much (BHP at least).
A$ flattening. I think we are in the middle of an interesting period. A$ rising tells me foreign money is coming back. IO spot is misleading and difficult to use. But NY seems to want a correction.
A lot of people are seeing a break out in Shanghai. Hmmmm. Perhaps but I am yet to be convinced.
Regardless, I would not have bought yesterday's open on ARI and yet that was exactly the place to buy. Usually we would open and fall a little and then balance. I will do some more work.
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Thanks Wayward and Jako. Have been looking at a few metrics....
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