Whilst our market is nearing the lows.
What generally happens then is when the US market starts diving, the Aussie markets dive a bit harder.
Sooooo in essence we have these two scenarios,
1)Dow heads up reaching all time lows- Aussie markets teetering on GFC lows.
2) Dow plunges on EU fears-Aussie market plunges on US fears.
Having ones cake and eating it doesnt seem to fit here :)))
Cheers
Rob
