My call?
Roar into the close. Burn all shorts.
All longs will queue up to sell, and the shorts will just take them higher and higher into the close.
Post market, higher still - another 30 points for good measure.
In the 40 minutes XJO does not trade, Europe will race up to the open, led by a steroid fueled SPX future and between 5pm AEST and 5:10 AEST the Dax will fall 150 points to new lows, Hongkers will be down 500 after lunch, and the Foot will be sub 5000.
XJO's gonna gap right down on preopen, back to 4190, which is pretty much fair value, so you can't buy nor sell. Just the perfect Friday end to the Australian Stock Exchange.
As I speak here comes to blastwave - led by the widowmaker called Hang Seng.
Me? I'm going for a 4 day holiday in 6 hours. When I get back, SPX will be either 1100 or 1300, depending on how much America values its "renowned" free markets.
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