A pretty poor day on our market today as equities continue to remain under pressure. The XJO closed down 40.4 points or 0.8% despite the Dow Jones putting on 1% overnight. The market headed down from the word go and never really looked back. It looks like lower targets may be on the agenda for our market. The sectors were a sea of red. The Gold sector ended down 2.5% after the gold price took a breather over night. Other sectors to weigh on the market were Metals/Mining, Materials and Telecommunications, down 1.5, 1.4 and 1.3% respectively. The Australian dollar is under a pressure and just holding above parity against the USD. The daily and weekly trend are now both down. The Growth Portfolio has now switched off so will cease to generate buy signals and also tighten up stops on open trades.