Well i thought the SPI would drop down this morning - the gap was too big to open on, but I thought it would settle in the middle then dribble down, but the enthusiasm in the market now is just rampant. Closed my XJO short at 3751, sitting aside waiting for the REAL turn now...
US pundits are sending mixed messages - Cramer reckons the Hedge funds are getting squeezed and the mutual funds are buying and that is proping up the market. Does anyone know how the money is flowing here in Aus? One think to watch for is the analyst re-ratings to occur post the reporting season, this "better than expected results" is crap..
mmmmmmmmmm monday, page-21
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Last
7,838.8 |
Change
105.100(1.36%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,737.0 | 7,838.8 | 7,737.0 |
| XJO (ASX) Chart |