I was looking at a comparison chart between Dow and XJO. They were moving at the same rate till 15th September, 2010.
After that, the gap increased up to 10% in the 3rd week of February.
To me there can be either of the two things happening:
When there is a correction, Dow would get corrected more than XJO
If there is no correction in the short term, XJO will go up while Dow going sideways.
Just my two cents worth!!!
the mighty dow jones, page-7
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Last
7,777.7 |
Change
95.700(1.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.0 | 7,795.1 | 7,682.0 |
| XJO (ASX) Chart |