Another awesome day for the oilers. Imagine the response if POO breaks to new highs!! I actually expect POO will drift lower now on expectations of slower growth (or some other short-term excuse LOL).
XAO and XJO very solid also. If I were a betting man .... I would say it looks rather like the markets are heading towards a new high before a dip on end of financial year selling, or perhaps the high will follow that with some final window dressing?? In any case it does seem the weight of money argument for the markets to go higher is holding sway at present.
H
HDR Price at posting:
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