wedneday morning 1st. oct. the all ords is currently at 5266and...

wedneday morning 1st. oct.

the all ords is currently at 5266and it has fallen 7% from a high of 5660 ..

the previous two corrections were 6.9% in November / December 2013 and 10.6 % in june / july 2013

so taking these last two corrections as a guide we might be currently at the bottom or have another 3% to go

i'm still heavily shorting at the moment .... there's no indication yet for me for an up turn..

gk