XJO 0.13% 8,255.6 s&p/asx 200

friday the turning point, page-29

  1. JK5
    2,000 Posts.
    Today is Friday - market tends to pare back gains.

    WBC is definitely being sold - wonder whether it is due to its Dividend Reinvestment Plan.

    Lot of people were still shaken by yesterday XJO performance and probably most did not realise that the US has tested their Oct low successfully. Probably need a few more days for people to join in the rally which is now being forecasted to go all the way to early 2009. Time will tell...

    JK5
 
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