The market copped a belting this morning. It got so bad that I let my automated trading take over, i.e. I asked Winnie to watch the screen while I sat in my outdoor spa with a bottle of beer in my hand.
It looks like a bloodbath right now but overall the market is still trending up and the US Dollar is falling which supports higher commodity prices which is good for resource stocks.
Even so, BHP is 55 cents down at time of writing which on top of yesterday's fall of 86 cents makes my portfolio look a bit sick right now.
Hang in there, Winnie!
