I'm sure you've see movie images of a crowd at ground level, looking upwards, and a person up on the top of a building threatening to jump. In the background is a concerned, sweating, empathic police person waiting their moment to help the poor distressed person on the edge of the building, but unable to act because, if s/he does, the distressed person might make the big jump.
Meanwhile, down below, the camera crews wait. Some people are yelling out, Jump.
The distressed person moves an inch or two towards the edge. And no more.
Everybody just waits.
That's how it as today on the Australian stockmarket.
On a very low volume day (the lowest volume since the Christmas Holiday period) nothing much happened - but that belies the tensions below the surface.
The market edged just a little closer to the edge. Not enough to go over. But enought to give the crowd below yelling "Jump" a little more hope that their wish will come true. SPLATT
4500 beckons like the Sirens for the Argonauts.
Even the Governator knows this is important. :)))
Cheers
Red
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