day traders, page-18

XPJ closed lower again today (854.5 points) losing (%0.7), but the turnover was quite high (AUD$719m) which is a good indication that the next move is more likely to be up.

I noticed that the correlation between XPJ and the rest of the market is negative these days which is something beyond my understanding! a strong market seems to be hurting REITs more than benefiting them at this stage.

In relation to VPG i think liquidity is the main problem as the average trading volume is very small, it seems like traders are NOT interested in VPG anymore and i dont expect this to change unless the management start to release some good news or pay dividends to unit holders.