Friday morning saw intense clearing of debters due to broker credit and some profit taking by nervous investers during early trading and by early afternoon the market seemed to absorb the selling and somewhat recovered to close down 20 points from a dip of over 200 points in the morning session. With today being the last day of the month we can expect a recovery towards the second session of trading once the monthly positions squared. The market is expected to further consolidate before a breakout towards 13500 initially once the December quarter results are rolled out.
YORK STREET TIMES KERBSIDE CHAT
