Well well well, even a moderator starting to sing from the same hymn sheet as me. I cant believe the way stocks react to the slightest news on job figures of PPI in china, for e.g. CSR this morning opened at $1.23+ (a 23 year all time low, had an announcement, rallied hard to $1.27, then the jobs numbers came out, and smashed on it's candy ass to a fresh all time low of $1.20 in very quick time, same deal TOL Holdings, AMP BHP caned as is RIO, the bigger they are the harder they're smashed. If they dont regulate the ASX in the IMMEDIATE future, no one will be left trading, the folks still holding stocks will either sell out, or hold on in hope of getting somewhere near square and then bailing for good. How can one compete against a non-brokerage paying algorithm that walks the price dont when the shares are either low volume, or in panic sell mode (see ALK Alkane) My anger at ASIC and the ASX is right off the richter scale, not to mention the CRIMINAL hedge funds.
