I have no doubt tonight is gonna be a cr@pola night in the US but I make 2 notes.
1. the news that will drive the US down tonight is already out before our market opened. The all ords is 113 points down. Why sell now ?? No use bolting the gate for the horse she has bolted.
2. Martis is looking at a techincal point on the chart. Whilst I have respect for Martis's charting ability I am asking myself "Are the events that transpired on Sunday around one company....Citicorp enough to make the economies of the whole world collapse at this time ??" I am thinking tonight will be ugly but not enough to cause the end of the world.
Everyone wants the party to continue and they are doing what they can. the fed is helping with rates. Asian economies growing.
Reelly, wat cood posiblee goo rong ??
If only I had a crystal ball.
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I have no doubt tonight is gonna be a cr@pola night in the US...
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