Maybe too many people listening to alternative media is what you are missing... There is a lot of conflicting economic news and it is easy to get confused if you watch all the Sky Business News lackies talk up the market and then listen to all the doom and gloom news sources. Anybody with a camera and computer and a following can count for news these days.
IMO I think people are just restless as it is so boring trading in this 5000 - 5200 range. Despite some people thinking we are having another GFC it wouldn't surprise me if we had a bit of a rally after the market gets over the Fed's decision. Although if people really believe Australia is heading for a recession in 2016 then at some stage we are likely to break below 5000.
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