"what will cause a reversal? I can't see anything in the way of 5600"
that's a fair prediction thor - 5600, and i am assuming you are talking in a time frame of the next 1-2 weeks - I won't argue with that prediction ....
The purchase of my shorts in the retail sector was to do with the start of a downward movement of a number of stocks in that sector plus recent valuations and outlooks that I had done for a number of the companies that I have shorted ..... that the all ords performed so well today was a surprise to most I would think....
maybe tomorrow the US indices will go up and ours will go down.....