Worry Free Wednesday, page-5

drop in aussie again to 85.28 atm

this might see over seas investors sell more of our stocks, but only if they believe we will continue trend tomorrow.

Fall in i/o 68.20 - the little guys will get smashed again.

I would expect another morning sell off, and look for midday reversal.

(based on that in our currency, after an o/s fund dumps our banks in the morning, they become cheaper in our own currency which doesnt bother us??)

The bargain hunt in the local currency.
(however when the big falls in i/o and rio etc, we generally see all day falls)