The point is that the Aus stock market has not only gone along with this "game" and followed the US stock market rally since the March low and collapse - it's in fact excedded the US rally by 60% (in dollar terms - given our dollar has risen from 0.60USD to almost parity).
If you take our dollar strengthening in relative terms to the USD .. Our rally from the trough equates to our market going from the March Dow lows of sub 7,000 not to the current 11,000 Dow level .. but way past even the all time Dow highs .. probably equates to the Dow reaching 16,000.
So how can our market be oblivious to what our dollar has also been doing ??
