On the economic front News out of the US was shocking last night and I think the rally (on very low volume) was more on the back of oil and tech.
Underlying fundementals and sentiment still shocking in the US, aussie traders are very smart and in some ways our market is better indication of sentiment than those crazy americans.
Read an article last night I think one quote really caught my mind. "with all these stimulas packages the government is just spitting into the wind".
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