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Posted

Steadily down for the early openers: Kiwis -1.8%, Aussies -2.1% and Nikkers -1.8%. Sth Korea closed.

 

Some Aussie states having a holiday today so trading is thin with sectors red across the board. Energy -3.1% is heading the list followed by IT -2.7% and Financials -2.6%.

 

 

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Posted

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All Ords went down and stayed there, closing -2.7%. Financials -3.5% took the downside lead followed by IT and Materials -3.2%. Healthcare +0.2% was the only green sector.

 

All red in Asia with Honkers -5%, India -1.7% and Nikkers -2.2%. China closed.

 

 

On to UK/Europe:

 

 

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Posted

Coal

 

Is it really going to retest the $10 level?

 

May have to put a GTC buy @ $10.01

 

If you look at the charts of similar companies -- it's 2008 redux, with the drop being stickier this time around

 

Question is -- when does it turn

 

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Posted

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