XJO 0.41% 8,284.7 s&p/asx 200

spaintastic monday, page-121

  1. 17,444 Posts.
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    Starbust

    Yes but I was referring to our bonds NOT the US. So the futures here seem to be betting against rate rises.

    I know this is an XJO thread and not individual stocks but I have been watching QBE as I believe it is an exagerator of the market. It seems to over do it in both directions, so perhaps an extreme sentiment indicator for the XJO.

    I did notice some serious analysis on the "charting" forum on the weekend of QBE and perhaps should have posted at that time.

    Anyway, below is first weekly and then monthly and looking at Slow Stochs, you would have to assume it is a rare buying opportunity, except if this is outside the "norm" of recent decades and we all recognise that that may indeed be the case.



 
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