ASX200 reaches almost 3 year low

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From David Scutt the opening bell saw a big selloff and a new 2.5 year low:

new low

I love the smell of short selling in the morning! Come on RBA, you need to get prices back above this line below, from the start of your last rate cycle:

xjo_ax_price_weekly.08apr11_to_14apr16
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Won’t someone please think about the bank shareholders? Or the Pascoe Super Fund?