its a very very good sign that the aussie market has recovered...

its a very very good sign that the aussie market has recovered earlier weakness and has ignored the fall on wall street. Metals remained strong last night however, so the falls really should have been contained in the US, so there was no reason why we couldnt go our own way. Gold is holding up well, LHG needs to break the year long resistance at 3.25, once it does so, it will climb. I have a long memory, and i realise that the market is susceptible to falls late in the day, especially LHG, but today is different, LHG will press on to close at around 3.26 and the all ords up by about 40 points, cheers