Well - I backed the Melbourne Cup winner today. Woo hoo.
Stock market
The market finished virtually flat today.
New lows increased again today (11 new lows) without any new highs.
Stocks in the 50 Leaders,
* above the 10-Day SMA - 2%
* above the 50-Day SMA - 18%
This is too low - expect a bounce - but I don't think there'll be a lot in it. (I made the same call yesterday. Well, we didn't go up - but we ended flat - that's close enough? Maybe I'll get it right for tomorrow.)
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