friday, page-55

Morning Robbbbbbb,

Dow tanked last night, but somehow is still holding the 8000 mark, and S&P at 825. Dow tanked the night before but our XJO somehow managed to gain and formed a hammer yesterday, CBA also has a big weight on our index and she also managed to pull back from the red and formed a hammer. Hengseng also managed to gain, but Nikkei tanked. Do you think that because market is antispating a big interest rate cut next week, therefore will send our market higher. Because of that most of our banks stock managed to recover from yesterday morning sell off? I am puzzled please help.
I'd like to hold my CBA because dividend is just around the corner. But I don't want to make $4000 on dividend but lose $12000 if CBA SP falls back to $24.00