early asx futures for tomorrow: 52 +, page-20

Firstly, i think alot of people rightly or wrongly buy and sell on the asx because of the DOW futures.

I think the DOW component to be dumb and very skewed, I mean only 30 stocks!! You may as well look at S&P 500 or the HSi for the lead as they resemble our ASX 200 alot more.

Also DOW was -140 when we closed, in the current climate it means nothing unless its +500 or -500 as we close 7+ hrs before Wall street opens. In the 7 hrs it could turn 300 points one way or another!!