er.. have a look across the global market. this isn't just it stocks anymore - there's a tide of red pretty much everywhere.
strongly encourage everyone to stop focusing on stocks they hold and look up at the big indices etc.
little of this has anything to do with the specific stocks. but the smaller stocks will likely fall more on % basis.
the yanks can see end of 0% interest rates - so now money is coming out of their equities, and starts becoming more diverse, bonds etc. + funds doing end of year cashing in to book profits.
but the US bourse sneezes, we all catch a cold.
aussie market on other hand is primed. the bull run for asx post this US sell off should be pretty good imo.
but it may take a while before the us has done its dash.
ICQ Price at posting:
$1.13 Sentiment: LT Buy Disclosure: Not Held
