XJO 0.74% 8,285.2 s&p/asx 200

are we forming a broadening top., page-59

  1. 9,485 Posts.
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    re: are we forming a broadening top.gann? Gann writes;If I went and brought enough contracts to put the SPI up 50pts when everything else was flat, do you think the market would open up 50pts?? Of course not.

    Futures do not influence the real buying on the market.

    GE writes ; Oh dear me , I presume your talking about buying up spi 50 points during cash open ? if so of course cash would follow . Or if u had enough cash to spook the open and buy it up 50 points then cash would also open higher ,maybe not the full amount but but but .
    Fundies would remove sell posi's and allow shares to rise on thin volume until they understood what was happening . Surely u've seen this before ?

    xjo is spi and spi is xjo .

    I suggest u go and buy a book mate to understand it fully .

    ge
 
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