daytrading march 8 morning, page-129

Hi All,
Might see a bit more nervousness in the market until Greek debacle is clearly seen to be moving another step forward (?). Our jobs data was not good at all but as its pushing the AU$ down it will be overall a positive for business s/t.
The businesses that have laid off people are the bigger end of the market with reported lay offs ie the banks but also a number of small businesses have also closed doors and layed off staff. This is inevitable during tough retail conditions such is happening in OZ at this time. Mining/resources do pick up the slack but the marginal/niche businesses generally fold when only a certain portion of workers have cash. Big retailers will be ok and industrials/industrial manufacturing/some transports (tied to the mining expansion)/niche retailers (tied to affluent customer base), some miners (expanding or starting production) and some explorers (those that are proving up definite profitable low capex resource that will go forward to future mining/production). All the rest IMHO will fall by the wayside this year as more time is spent by investors looking at fundamentals and any iffy, expensive stocks or any under margin pressures wont make the list.
Im making a list over the next week as I see which stocks hold, fall, rebound over this weak period in the market.
Currently looking at
PIR BTR PEK BRU SXY MDI PVM AOH AFR
(and hold)
SEA OBL NSE :) good stocks
Bought GMR this morning but selling pressure might be too much for me. looking at depth it should have gone up intraday but someone wants out. If its weak into the close ill sell out and put more into sea or obl or nse. Too hard to choose at the moment without seeing closing action.
Cheers all
Cheers all