XJO 0.18% 8,300.2 s&p/asx 200

xjo weekend zoomba lounge, page-87

  1. 1,471 Posts.

    Having said that earlier, nothing is to stop this market gaping down 500 points on Monday, as Asia gets destroyed from this move and carries on to Europe.

    This market's health and sustainability of fall now relies solely on the performance of Europe on Monday.

    Asia will no doubt get belted, (except for the XJO, which will probably open down 10000 points and finished unchanged), and Europe will open lower.

    50/50 for me.

    Europe could stage a rally after opening lower, but highly unlikely to be a strong one. Just strong enough to give the yanks a bit more hope and to send stocks back above St. Martis line of doom, destruction, decay and debauchery.

    As for more proof that funds were dressing down this quarter....http://www.cnbc.com/id/44738621

    With long liquidation in full flight on all asset classes, if your fund is long - you get redeemed.


 
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