spi pointing three point eight percent down

Currently SPI showing a horror opening for the XJO with the futures showing a lower opening of 3.8%

The world is in recession. There is no conceivable reason for the sharemarket to go up (except for bull runs or bear runs or whatever the correct term is. to continue the animal metaphor, let's include a few dead cat bounces and some feral behaviour).

AUD$ has taken a dive to US$0.61.

Avoid tall buildings.