DOW 2.36% $5.64 downer edi limited

Bomber,as you said, the triple bottom was tested and has been...

  1. 768 Posts.
    Bomber,
    as you said, the triple bottom was tested and has been brocken (painfully so .. ). Does that make you particularly bearish from here ? Most australian stocks, however, are sitting on strong resistance levels at present. The scenario would seem to me that if a rally doesn¨t ensue then these resistance levels will break and a crash would tend to be the next stage ?

    I tend to get the feeling in general, from people that i have been speaking to that they are now, finally, willing to sell all there shares and take a loss, then to be vulnerable to any further reduction in there capital and superannuation. This sentiment i fell will be the catalyst to a crash.

    despairing the worst
    KMan
 
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