foods for thought

We got month end and end of quarter tomorrow and the market been holding up but a bit lagging to the US and last night shows you got to trade in & out of this market without holding on profit too long.

Since August month end, XJO is over 6% up till closed of yesterday and at the same time $A has appreciate over 8.5% so for overseas investors that about 14.5% gain for September month and coming into October bearish month, what would you do as an overseas investor or fund manager?

I would take some profit off the table unless of course you think $A will goes higher. Personally I don't believe we will have a rate increase next week.

So good luck and Budgie is going on holiday this afternoon