since no one else has questioned it .. i will, page-31

OK, so what was the explanation for Friday afternoons bizarre performance in the Australian market then ?

We don't even have the "excuse" of this Geitner nomination to explain it.

And it may be worth pointing out that despite the nice rise in the Australian indices on Friday afternoon, the number of declining stocks exceeded risers on Friday by 355, which is an unsually large divergence from the normal relation between index changes and net risers.