SPI down nearly 100 points

We are still the USA's little brother, politically and financially.  And in fashion, media, entertainment, etc, etc.

Last night DJI took a big tumble.  The data coming out are not nice so investors took an axe to Wall Street.  China is currently asleep with the Chinese New Year celebration.

I had to amend my bid price for AVB and GTE; both reported good drilling results lately.

This arvo, the RBA will announce the interest rate which is expected to stay the same.  Hence, the property market will go crazier still.  The lemmings will be buying up properties.  I will be hunting for value as the markets cannot keep dropping.  Good stocks are sold along with bad ones.  VLA is looking for more capital to fund its late stage product testing.  Every thing is going well so far.  A similar stock was taken over for more than USD$1 billion to show the potential.  What VLA management didn't want is an opportunistic bid by a large pharmaceutical.  VLA's clinical result appears to be superior to that other stock.