ASX will be Down Today
By SmallStocks on Oct 16, 2008 in ASX
Have no doubt folks. The All Ords (AORD) and the S&P200 (AXJO) are going to take a hammering today. The Australian Market is definitely going to take a leaf out of the USA’s Book, with the Dow (DJO) plummeting more than 700 points – you can image the Aussie Market is going to open, at least, 100-150 points lower (if not more) when the market opens for trading this morning.
Be prepared for another roller coaster ride of a day – that is going to wipe clean all previous gains made this week.
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