any ideas on iq?, page-2

  1. 2,076 Posts.
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    flemster /
    I frankly don't have any idea at all where the asx 200 index is going - mower man is your man.

    mower has said the index follows the banks (or vice verca), since they make up a large part of ASX 200 in capitalisation.

    the banks seem to be influenced by the increasing US bond rate and the decreasing value of our aussie dollar.

    so that's a watch indicator for the banks.
    it all looks to be going sideways to me.

    can you tell me what IQ. means please ?

    GK.
 
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