gargar,
It'll be July'06 when this thing's back to 13.00.
The futures'll probably bottom out mid June'06, and start recovering in July boosted by tax cut dollars. (Anybody looking at GTP ? it's holding up well in all this pressure. probably won't go under 3.80 with CBA's backing).
If the FOMC decides to pause rate hikes again next month, that's a recovery sign for us because it suggests they're steady whilst giving us time to correct and be more in line with them.
I don't think ZFX will hold 11.00.
It's all over red rover this thing's going to 10.00.
At this point I would aim for 10.10/10.20.
ZFX
zinifex limited
