XJO 0.84% 8,295.1 s&p/asx 200

timberrrrrrrrr, page-40

  1. 9,485 Posts.
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    re: rio up 1.3 percent And lest ye all forget spi is trading at over a 40 point discount and yanks cash often doesn't like to be dictated too by futures .

    Ok we could gap down big time tomorrow but with an exhaustion style close on cash today one could also say that we'll be higher tomorrow .

    PLUS , It's not uncommon for xjo or xao to test the 35 ma after double topping or breaching a top if last year is a guide .

    How to play it is the hard one but spi is often a buy or sell 40 under of over cash ! isn't that your experience mr volitaire ?

    But with a lower high on cash and fut's already it could be a scarey ride down .



    cheers ge

 
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