Nice point there TraderMC about the pre christmas rally. I actually meant to include something in that last post and it's to with the Aus market in general.
It's been mentioned around again of late that the market should get to 5000 points by Christmas. It was a bit like this around the same time last year when everone was saying 5000 by xmas, and then it looked like getting there too early - the market had a wobble. I see the same thing right now.
Small correction due, then on our way to 5000. If this pans out it will be great timing for MEO. If the SP can stay intact during a bit of a correction, we should be swimming with the tide during the lead up to spud. It might be nice.
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