XJO 0.23% 7,682.0 s&p/asx 200

G, Impresses with your forecasts so far.Now help me out with...

  1. 362 Posts.
    G,

    Impresses with your forecasts so far.

    Now help me out with this.

    XJO running near all time highs ,unemployment at a generation low ,presume retail figures for Dec will show propensity of the Oz public to shop heavily,infation moderate ,albeit in the top band of expectations,mining exports at a record .

    Yet...in such upmarket conditions you would think the SPI would be running at a premium to XJO,no ....at the moment at a discount 5607 /5595 a discount of 12 points .Doesnot make sense .

    So I ask are the institutions who control certainly the day market in spi trading bearish ,have they got info we are not prive to???.

    Your comments please.



 
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