So, have the markets already priced in GM's bankruptcy, or are we likely to see a pull back? IMO, it looks like its been consolidating at these higher levels, and the surge of the SP500 through 920 definately took out some stops and subsequent resistance.
Could be heading to the 1000-1050 area, and if that's the case, where would that put the XJO?
Any thoughts.
Thommo
So, have the markets already priced in GM's bankruptcy, or are...
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Last
7,777.7 |
Change
95.700(1.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.0 | 7,795.1 | 7,682.0 |
| XJO (ASX) Chart |