Whats the odds of our market rising on Monday?, page-14

  1. 5,822 Posts.
    Hmmm... up until last week here in Oz, we have seen green moving from one sector to another ... e.g. into Blue's, then into Gold then across into Banks ... back to Resouces, back to Banks ... etc.

    The 390 plunge on Wall St. was money LEAVING the market ... that is the worry if it was BURNED as it won't return for awhile and I think we shall see this here Monday.

    I saw big green on the DEMAND side LATE THURSDAY but only the SUPPLY side all Friday ... this means INSTO'S need to cash up ahead of M&D's withdrawing funds ... saw the same thing during Oct'87.

    If there is any green about, my tip will see it into Gold ...

    On a lighter note, it would be a real hoot if the market weakened but Hells Banks soared ... there would be a riot around here ... lol



    This is only my view ... read the red stuff.
 
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