1. If scary scenes in Libya were the cause of the market selloff, then why did global markets continue to rally after riots on the streets of Tunisia and then Eqypt?
2. If the Christchurch earthquake caused Australian markets to selloff today, then why did NZ markets fall less than Australian markets today and much less than China & Japan?
Simple, because news does not make the market (never has and never will).
It's not the news that creates trends in stocks and other financial markets;
https://www.elliottwave.com/freeupdates/archives/2011/02/15/What-Does-It-Mean,--The-News-Doesn-t-Make-the-Market-.aspx
- Forums
- ASX - General
- asx lower monday
asx lower monday, page-24
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online