Recovery? DOW Down 106 points not the low of the day but not far off it either. There should be a lot of selling on the ASX come monday. I can see no reason for the market to turn bullish anytime soon. There may be the odd stock that bucks the trend but for the most part it looks pretty bearish. A lot depends on geo-political events which appear to be getting ulgier everyday. North Korea promises more sky candy (missiles) and the mid east on the brink of all out war. If you have to be somewhere in the market, gold and oil is the place to be, just don't be caught holding the kitty if/when the geo-political situation improves. I will be sitting on cash overnight for awhile.
DOW Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
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