Morning Trading February 13, page-181

XAO Been watching for a while.

Lots of strings pulling different ways. I fear our materials heavy index will get pulled south. Deflation in China, materials plummeting and costs of mining rising. India might make up for China in time.

Headlines and mainstream media all doom and gloom, yet Aussie consumer confidence jumps, so banks may be ok

CSL a drag

Short term, US CPI tonight sets the tone. Mid Feb statistically a down period, but leads to good gains the rest of the year.