When one looks at the charts for News Corp do we look at the US NWS chart or the Aust NCP chart. I am wondering that the exchange rate, and the rise of the AUD, has knocked a lot off NCP lately. Accordingly, is the NCP graph effected?
For example on 15/12/03 NCP was around 12.04 with an exchange rate of .7394 which would equate to a NWS price of $35.60.
As at close today NCP was 12.04 with an exchage rate of .7787 which would give a conversion of NWS $37.50. Accordingly, I presume the chart of each may show up differently. That is a top [or any chartist event] on one may not be a top/event on another.
