friday pondering, page-3

First time for a long time our market seem to detach itself from the US future and Asian market. Despite a number of negative news, they don't justify today dramatic down move. This move is almost like a reaction of Dow 350 points drop.

The $A is up and not falling so can't see it the oversea sellers. I still feel lot to do with SPI December expiry next week and a decent recovery into the close is not out of question from here.