centros sp movement today...

Centro has not moved much today for the following reasons in my opinion:-

a) ALL of the Financial Institutions are heavily down today (didn't you realise that it's their turn for a 'stock cleansing' now, as the Resource sector has already had theirs; LOL);

b) It is a holiday in the US today/tonight on the DOW ie; Washington's Birthday;

c) It's a bit of a lousy (bear) market atm and seemingly any good news is not being rewarded as it otherwise would be;

d) Perhaps investors are seeing the lack of movement in the sp today as no particular rush to enter/re-enter Centro atm.

Anyways just a few little birdy thoughts to while away the afternoon, take them for what you will.

Cheers, Pie :-)