There will be a few who took the plunge today and did some "Selective" buying feeling pretty good that the Ords has fought back 250 pts.
But how good was their buying today.
Lets take BHP as an example.
If you'd have bought at open today You'd have paid $33.40
Currently its trading at $33.90
So while BHP has made a gain of $3 today
buyers today who are
Averaging down or taking a new trade are no better off than close of trade
Now if you were caught in the Sell off,then today is like Xmas!