XJO 0.08% 8,103.2 s&p/asx 200

Ouch. 62 points from low to high in two full trading days....

  1. 1,471 Posts.

    Ouch.

    62 points from low to high in two full trading days. That's an up-smish.

    Couple of things -

    -This breaks 1205-07, I'm going long for 30 points.
    -If this closes above 1228 this Friday, it's a sustainable 100 point run.
    -PPT is in full force. Bet. Your. Last. Dollar. On. It.
    -Which means, its only a matter of time before something goes horribly wrong. If they are out this early in the game it must really stink over there.

    So be vigilant. This can and has already an eerie Aug-Dec 2007 feel of dejavu about it. But even bears have to eat steaks every now and then.


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