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2,076 Posts.
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18/01/14
23:00
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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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