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despite the fact that that market had been on fire, even if only...

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macropunter

536 Posts.

01/12/14

21:04

Post #: 14388349
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Originally posted by West Coast ↑

Indian PMI up, factories are transitioning from China to India as its much cheaper.
I echo most of what Undaunted said.
This is the banks and friends shorting the hell out of our small caps, the larger caps were included the last two days. Margins and stops get hit when the big boys sell down, I doubt traders are panicking to get out of the stock market now, why would they because the only reason I can see is to sell because the price is down.

P.S. We would be lucky to have enough oil to supply New Zealand, what a crap reason for a big drop, what will they think of next?

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despite the fact that that market had been on fire, even if only relatively, as a huge user of energy and commodities and seemingly beginning to get its act together on the reform side, India is set to go on with it IMO

XJO Value at posting: 5,207.7
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