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40% cash looking good this morning as the market tips over again. 3% falls in the NASDAQ, Germany, Italy and France are not a good sign. Weakness in the US mainstay, the Technology sector, also a worry. We talk about the Collins Class Rule this morning (don't take it too seriously). 10% of the stocks in the All Ordinaries index have triggered RSI sell signals today (yesterday), we list them. The RBA thinks the banks can afford to pay dividends. We are still holding a neutral sector holding going into results in the next two weeks. Now watching to see if this 'minor' top turns into a major top.
40% cash looking good this morning as the market tips over again. 3% falls in the NASDAQ, Germany, Italy and France are not a good sign. Weakness in the US mainstay, the Technology sector, also a worry. We talk about the Collins Class Rule this morning (don't take it too seriously). 10% of the stocks in the All Ordinaries index have triggered RSI sell signals today (yesterday), we list them. The RBA thinks the banks can afford to pay dividends. We are still holding a neutral sector holding going into results in the next two weeks. Now watching to see if this 'minor' top turns into a major top.
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