XJO 0.76% 7,921.3 s&p/asx 200

friday night at the bear cave, page-97

  1. 5,316 Posts.
    Dow is being drag down by the banks and unless Dow drop a few hundred points I do see our market is supportive due to indication of strong US economy with strong GDP, strong job data and interest rate is going lower. All this should be good for resource with oil and gold are up and our banks got divvy and not heavily expose to subprime. I guess I went long thinking our mining companies will rally on Monday but Dow negative sell down on the open caught me out.
 
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