Thanks GSW but am really calm. I have had a target of 4300 for the All Ords as a possible re entry point - have been in cash for just over one year waiting for the moment.
I thought we might get down to 4300 tomorrow and had also been examining the prospect of waiting for 3500.
The way the markets turned up suddenly caught me by surprise but it looks as though it was the shortest relief rally (Europe) on record.
Against the odds I am hoping that we will turn around - so many are in dire trouble at the moment. I would rather be wrong than right in calling for a much lower low.
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