XJO 0.12% 7,822.3 s&p/asx 200

31/07 Indices, page-219

  1. 9,942 Posts.
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    I dont know what you're on about, but this discussion goes back a few months when redbacka posted this: Post #: 66202117
    Among other things he wrote:

    "XJO can be a bit deceptive on a chart as it always opens at the same level as the previous day's close. Never any gaps on an XJO chart.
    STW is a tracking ETF for the XJO and can often give clues as to investors' thinking not available from the index.
    "

    He then proceeded to state that somehow the STW chart, pre-empts the direction of XJO.
    It was BS then, and its BS now.
    XJO leads, STW follows. Simple
    Anyone who thinks otherwise, be prepared for a torrent of ridicule.
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    So, whats it gonna be @5hareholder ?
    Did redbacka post BS back then or are you up for the torrent?

 
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