XJO 0.74% 8,208.9 s&p/asx 200

friday frollics, page-17

  1. 10,615 Posts.
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    I tell u what I am confused and I think based on instos selling into the new for their last bit of profit the market is going to correct not becoz of funnymentals but simply cos the market wants it that way. Look at recent profit ann NGP, IBM, etc etc all fabulous yet sold into!

    At time of post the bloomberg web site is saying that euro stock want to go up but actually dont know where to go. DJIA futures went from +32 to now -32. Total confusion.

    I think that many are just saying let it sort itself out and step aside. China has put the screws on and many are saying that's not good but in my eyes that is awesome and so I will wait unless there something more sinister afoot eg a ware or sumfink. Robbbb was pretty good in stepping aside and depending on tomorrow I may step aside some more as I I think its very poised
 
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