Australian share market

[Rainbow Moonlight]

"The Australian share market defied heavy falls on overseas markets to spend the day switching between losses and gains.

Perhaps appropriately, the market finished the day flat after being down as much as 2 per cent early on, before rising and falling between small gains and modest losses.

The ASX 200 closed at 4,141 - the same value at which it finished yesterday's session.

The All Ordinaries moved 4 points lower to 4,204.

That is a far cry from falls above 4 per cent on New York's major indices, and declines between 3-6 per cent in Europe overnight...."

http://www.abc.net.au/news/2011-08-11/m ... de/2835386

Good to see this happening. I also liked how the other day the comments of swan, gillard and a financial commentator i saw during the day all seemed to indicate that the fundamentals of our economy are strong and fear was driving the then fall, which later reversed itself.