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simplegreen

10/02/12 3:04 PM

#104150 RE: pennies2007 #104149

The RBA shoulda sounded hawkish in the minutes..as far as the rate cut tho it was already concensus that they would cut by 25 basis points...market is squirrely sometimes tho to react like this.From a technical stanpoint tho A/U was poised for a nasty drop before the cut