speccies have been really oversold, whereas blue chip were less oversold.
there are other issues still affecting blue chip shares, such as the gfc floods this government and the high aud, which affect the profitablily of companies that are income producing.
by at large dow companies are very profitable, whereas asx200 companies may not be as profiable. as well, the usd is weaker and the aud is stronger. as well, the us has qe. because of such the dow is stronger than the asx200.
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speccies have been really oversold, whereas blue chip were less...
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