Looks like 48&34 is having an off-day, so ------- it's Have-a-Beer Thursday
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Anyway - here's to all our American Friends:
Today in Australia the XJO was down -0.43%. But, that didn't change the trend:
The short-term trend continues to slide sideways, with the Heiken-Ashi Chart showing a line of doji candlesticks.
The only sectors positive on today's Oz market were two defensive sectors: Telecoms +0.5% and Utilities +0.2%.
I don't think we can read much into today's gyrations. Look to the above chart and remain sanguine.
RB
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Have-a-Beer Thursday
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