daytrading sep 19 afternoon, page-21

I agree with kevi...

Toughest market conditions I have seen in my 10 years since early 2008... maybe even tougher...

Its not the scale of the falls, they are pretty mild... its the unrelenting gapping of our market in both directions..

Commentators will later point to the chart of this period and make it all sound so simple.

But the chart of the XAO is deceptive and misleading.

It shows the Open/Close without the gap up and down after the staggered ASX start.

A chart of the last few months that illustrated these gaps would be a scary, scary sight.

Make no mistake, the trading tables are being cleared as the men are sorted from the boys.

But things will change... they always do :)