Its pretty hard to trade shares on the back of these drops (from a short term perspective anyway). The move down in the XJO gets factored in overnight so that when the market opens all the stocks gap open.
Throws a spanner in the works for trading stocks themselves. And, unless you trade the index overnight, you miss most of that move too.
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Last
8,541.1 |
Change
-1.200(0.01%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,542.3 | 8,576.0 | 8,541.1 |
| XJO (ASX) Chart |