Perhaps its the wrong sort of poor sentiment, feels more like disillusionment than capitulation. There's been a steady erosion of prices but no major sell-off to create the sort of bargains that might bring money off the sidelines.
Looks like XMJ will finish down around 30% over the FY, with many commodities off a similar amount, but AUD only around -4% over that period. That's not helping equities, but seems to indicate foreigners much more bullish than ourselves.
pisces good news clobbering thursday, page-44
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,374.0 |
Change
73.800(0.89%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,300.2 | 8,446.4 | 8,300.2 |
| XJO (ASX) Chart |