XJO 0.58% 8,091.9 s&p/asx 200

smashing friday, page-6

  1. 662 Posts.

    Haha Dacata, lol.

    Dont think Googles results will determine much where the Dow ultimately goes tonight. Apple gave the market a fantastically positive lead last night and the Dow still melted away.

    As for our sorry excuse for a market, you can argue that yesterday was very weak price action saved only be a little pop up late in arvo. Banks want to go lower it seems, gave back much of their early gains. Technically look horrible and will be a massive drag on the market again today. WES hijacking market yesterday also kills sentiment. Up to the miners it feels, but with commodities flat to weak overnight not sure how much strength we can expect there.

    I'll be looking to sell on the open, and let it ride into early arvo and re-evaluate, which has been the only play for XJO for as long as i can remember.

    But anything can happen in the XJO, so we'll see.
 
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