Quote Originally Posted by tkicks View Post
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No mate. Mkt wanted 75 BP hike cos they wanted to see decisive action to strangle inflation earlier rather than it become structural.. that's why we all green on s&P and asx today.... But you right, don't buy anything now, more downside awaits
Looks like a 'dead cats bounce' to me. Drop a few days then bounce a little a few day then big drop again.