To crater or not to crater - that is the question

  1. 6,975 Posts.
    G'day folks,

    Our market is acting kinda funny today sitting around yesterday's close whilst all around is disintegrating. The three main Euro indices were down an average of 2.2% last night, the Nikkei is currently down 1.7% and the US futures are down around 1% and yet we sit on the porch sipping our gin and tonic. Its kinda surreal.

    Given that I wonder what the odds are that the instos are playing possum, quietly distributing waiting for sometime mid afternoon when will start dumping big time. Anyone think we will wipe 20 - 30 points this afternoon?

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.