re: ftse flying jj0007 never ever trade according to economic data otherwise you will get screwed over everytime as you have just had done. I no longer even look at what figures are due out. You must trade the market as it is, not for what it COULD be.
Strong metal prices are not a major issue for the dow, when US traders need something to worry about they will bring it up, when they don’t care they will ignore it.
However a rising Dow and Strong metal prices has a double positive effect on our market.
Take a look at the stats, the XJO IS NOT dominated by resources. I think in the top 10 stocks in AU, 3 are resourced base. 3 VS 7? 7 Wins
heavy work, page-40
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Last
8,074.9 |
Change
75.600(0.95%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,999.3 | 8,079.0 | 7,999.3 |
| XJO (ASX) Chart |