the fall in our market seems to be gathering its own momentum......
so long as the $A continues to slide the banks which are 25% of our index will slide with it ...
the retailers are going to make lesser profits with a lower $A also, so they are going down...
and the resource sector - heading towards absolute oblivion ....
the US market went up strongly o/night Friday and ours went in exactly the opposite direction today, just as strongly..... we are down 7% in three weeks......
I'm working toward doubling my number of shorts, and have sold off part of my long stocks ie i am getting caught up in the sell off ....... i am wondering if others on this forum are thinking in the same direction ?????
