-60pts told you asx overvalued..crrrrrash.
This is not a healthy correction in my opinion but the start of a sell off. Will people sit back and watch their profits disappear. I would be a seller if I was long this market. All signals from oil to the yield curve to inflated resource prices and commodities speculation are calling 'sell'.
Spread betting indicates another ugly night in the USA. Beware of panic and margin selling.
We'll see, I have. Join the buying ranks if you disagree.
