THE DREADED UPCOMING BUDGET - with all the government leaks designed to condition the public, there has been little change to the market - (up today)....
also its MAY but still all's fine.
on one of my watchlists a number of ready to short stocks (mainly tech and biotech) that have been in downward trend, have in the last few days mostly held up their slide or even gone up.
WBC, HVN, & JBH's sharp downward slide have halted...... CBA & ANZ appear to be little affected by the slide of WBC.
my longs have gone extremely well...
the colour blue (in lieu green) was dominant on my commsec CFD platform today.
so from, my perspective, on the evening of 6th. MAY and prior to a well aired horror budget all appears to be going fine on the Australian markets - at the moment no need for panic.
