Maybe the market is trying to pressurise our Reserve Bank to cut interest rate??? I can't think of what bad news they are out there ... we should expect volatility and once the interbank rate lending drop = we should see some market confidence back.
Earnings in the US have been bad for quarters ... so no surprises there. I think today may be the capitulation point for our market...
i smell fear, page-17
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |