Melbourne Cup Day and ASX

[cornnfedd]

How does the Melbourne Cup Day change the stock market traditionally? (or doesnt it?)

i assume its a pretty slow day? UP, Down, Sideways?

Whats your guess? - All Ords down 39 points.

 

[BNECBD_DayTrader]

How does the Melbourne Cup Day change the stock market traditionally? (or doesnt it?)

i assume its a pretty slow day? UP, Down, Sideways?

Whats your guess? - All Ords down 39 points.

Yes, that's correct, it will go up, down and sideways....

 

[cornnfedd]

Yes, that's correct, it will go up, down and sideways....

lol oh well, at least one person replied!

 

[Aussiest]

At least it's open. Will give me something to do. Up, down and sideways indicates no clear direction. May be some good day trading opportunities (Hmm)..

 

[springhill]

Unknown, but i can promise you the day before will be messy