re: doji star on the xao,yeti "just looking at the DIA and QQQ...

  1. 3,792 Posts.
    re: doji star on the xao,yeti "just looking at the DIA and QQQ two US based indicies, that mirror the dowjones and naqdeq, both are right at resistance, and looking like they are about to fall, time to short at least for the short term"

    I have heard a few make the argument that the dow & Nasdaq are overvalued.

    They are both AMERICAN markets not AUSTRALIAN.

    the U.S gets the sniffles the world catches a cold was good in 1980's

    Australian is more tied in with the Chinese economy now than anywhere else.

    China's doing fine.

    Fried rice consumption up 15% so far this year & strong growth is set to continue irrespective of a .25% interest rate rise.

    Cheers.
 
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