oversold, page-30

Ok so the reality is that we may need a substantial bounce overnight in the US to keep this steady when the local bourse reopens for trading tomorrow. When I mean substantial.... I mean circa 10%. Honestly don't know if this is possible, but you would think after the free fall on Friday of 20%, paring back half of that could be expected...only thing is I'm not sure if this can be expected in a day...but we will see.. 

Futures are pointing down at the moment but this could change who knows.

Just get the feeling that the bargain hunters might swoop in and help prop this up in overnight trade...