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