XJO 0.99% 7,896.9 s&p/asx 200

monday trading , page-2

  1. 721 Posts.
    James,
    I do not have a position in XJO at the moment and do not intend to jump in until Wednesday. I think Monday will be slightly green (maybe around 20 points) as a lot of people will think that the worst is over and since 6200 has been broken.

    Tuesday may be flat but Wednesday should be interesting. as we will know on Tuesday night whether DOW keeps its gains. I think Tuesday could be the last green for the DOW for next week.

    I personally am looking to go short middle of the week, but will be looking at shares like QBE and WOW that have been overbought. Just my gut feeling that we will not hold at this levels.
 
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