Yep - totally right - the reason is that we don't have the US banks buying our mkt on their printed money ... they buy their mkt ...
all the old correlations are out the door more often than not ...
check japan tdy - do you honestly think Japan should go up nearly 1% when their FOREX is trading 8150s ... ?
monday trading.., page-20
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Last
7,861.2 |
Change
-102.500(1.29%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,963.7 | 7,963.7 | 7,861.2 |
| XJO (ASX) Chart |