If the US market does not tank at open (and current furtures say it won't) then there is a large possibility that it will close up tonight. Could be upto 50.
I am long XJO and will stay that way overnight for two reasons:
1. If US closes green then we have a relief rally on Monday
2. There is something happening between BHP and RIO. If there is some sort of tie up and announcement over the weekend then you definitely want to be in it. An event of that magnitude will not be a one day affair.
friday bull bashing, page-36
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Last
7,816.8 |
Change
-12.900(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,829.7 | 7,829.7 | 7,782.0 |
| XJO (ASX) Chart |