Black days deliver more red as the market gets on-the-nose

UGH. The market was uglier than a hatful of armpits this past week. And none of our racers came out smelling of roses. The benchmark top 200 index fell 1.6 per cent over the five racing days as the miners and the banks headed south. Greece is going to the polls this weekend and it looks odds-on the electorate will vote in a government that won't want to play along with the European Union's fiscal version of The Biggest Loser.

UGH. The market was uglier than a hatful of armpits this past week. And none of our racers came out smelling of roses. The benchmark top 200 index fell 1.6 per cent over the five racing days as the miners and the banks headed south. Greece is going to the polls this weekend and it looks odds-on the electorate will vote in a government that won't want to play along with the European Union's fiscal version of The Biggest Loser.

And nothing alarms the market more than people exercising their democratic rights in the face of all that is rational and holy.

Our racers sure had a tough time of it. Only a couple of competitors - old hands Richard Pritchard and astrologer Doreen Daze - managed to beat the market, but nobody made any money.

And as we round the corner and head into the final stretch, reader Cameron Haynes has poked his nose in front of Pottsy. Cameron's pick of Sirtex Medical was one of the few stocks to make some dough this week, and that was enough to propel him into top spot.

Student Ruby Rowe stalls after racing to third spot last week. Gold Road Resources gave up a chunk of its recent gains, although Seven West Media bounced back a little. When one of the top three is under water you know it's been tough. Director Lehman Bloom continued his not-so-merry slide down the ladder, moving from fourth to seventh. Lynas Corp, Voyager Resources and Oil Basins all recorded double-digit plunges.

Reporter Sam "the Hutch" Hutchinson lost a chunk of money, but, as we've seen, she was far from the Lone Ranger there. Besides, haven't you heard? This winter, red is the new black.

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