Thanks for your thoughts Hoop
Did you see this ? Just as well NZX has a mind of its own and 2016 will bea Omer.
http://www.businessinsider.com/dow-n...e-1933-2015-12
What was once viewed earlier in the year as a positive year for the Dow is currently negative to date. I am reminded lately by traders and a myriad of articles that typically the year before an election year is the strongest of a 4-year presidential term.
On average (based on data going back to 1933), the Dow Jones Industrial Average gains 10.40% during pre-election years. So far, we are facing negative growth during a pre-election year which would mark the first time this has happened since 1939, according to the traders almanac. However, the year is not over until, as they say, the "fat lady sings." It is the general sentiment amongst the trading community that we will rally into the close of the year. We shall see if it is enough to reverse the fortunes of the Dow.