XJO 0.30% 7,759.6 s&p/asx 200

rio dead cat distraction . . . will dow bounce

  1. 5,822 Posts.
    Hmmm ... forget RIO folks for the real world is in deep doo-dah over you know what.

    US may have to drop rates to 3% to re-establish home affordability following sub-prime forced sales ... http://www.theaustralian.news.com.au/story/0,25197,22740400-7583,00.html

    Dow Futures = -65

    FTSE 100 = -77

    Hang Seng = -1147.5

    Nikkei = -508.11

    SPI Futures = -91

    We are holding our SHORT ... next SUPPORT at technical (S3) at 6400 ... trailing stop at 6520.




    Cheers ... tight stops.


    This is only my view ... read the BLACK STUFF ???

 
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