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ASX200 down 200.l 12 days on the trot is almost a certainty given the woeful open. However, 40 minutes in it looks seriously like the market is coiling for a rebounce (it;s like a rebound but one that doesn't stick).
Ask yourself what every idiot on the planet will be doing this morning, and ask yourself what the opposite side of the boat is...
Be it CFDs or Futures or Warrants over the ASX200, get long in something reasonably low-value and reasonably highly leveraged, and watch it double over the next five hours. Me, I'm going to bed.
