The all ords seems to be very volatile. We go up to almost 5100 then down to under 5000. Then back and forth again and again. So many ppl seem indecisive and a lot of money seems to be sidelined.
most stocks are red across the board. YET look at the dow it is up 60 points. If the dow takes a hit our market always drops. AND now if the dow has a good day our market still takes a hit.
some days it is very frustrating investing, especially when the market reacts in a completely different way to expected. we have given up all the gains over the last couple of weeks.
one step forward two steps back, oh well thats the market.
if this is sept then i dont think oct is shaping up to be very good. i am thinking of liquidating all my stocks then buy back in during oct.
i think the whole market is going to bleed red during oct