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Any ideas why hte market is pulling back?

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leminus2
Regular Contributor
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13 REPLIES 13
Not applicable
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Not applicable
Skaap's fault... lol it's called a healthy correction in a bull market ;-)
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leminus2
Regular Contributor
Hope it keeps it up. Its just weird since there was positive news and now its pulling back and when its negative news it rallies.....
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DEP
Super Contributor
... because markets been rising for the past 40 days. Some people want to book their profits.
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Rams
Super Contributor
By the time you get the news, the market has already priced it in? So forget your Business Day subs if you trading. Close all trades before 15H30.What do you think....
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Not applicable
It could just be a day low, but this just shows that panick can set in very quickly and the market can come down even fast. It's like when it rains at the cricket and everyone runs for cover.................................
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Mar-11
Super Contributor
positive news decreases chances of QE2, which is what the rally is baised on
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Shard
Super Contributor
Think we just ran out of buyers, just one of those driectionless days where people lose confidence at the end of the day.
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Shard
Super Contributor
Think we just ran out of buyers, just one of those directionless days where people lose confidence at the end of the day.
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Not applicable
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koos2
Super Contributor
Maybe a good buying opportunity , interest rates coming down 1% ?, rand weakens a bit scenario - exporters happy, everybody piles into equities for a better return?
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BrendenB
Senior Member
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SkarlakenKoos
Frequent Contributor
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