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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (13309)5/9/1999 8:21:00 PM
From: Moominoid  Read Replies (1) | Respond to of 99985
 
Looks like people are cleverer than I thought <g>. Aussie market up slightly. All Ords started down a few points, got my calls (All Ords Index Warrants) when it was only up 2 points, now up 8. National Australia Bank seems already to have rebounded a dollar almost.

Of course it is possible that we're the dumb ones and the market will crash later in the day. I think it doesn't have as many "headfakes" as the US market though. Tha Aussie dollar is only off 0.2 USc and those guys tend to be more on the ball than stock market investors.

David