redbacka's - what does that tell us - thursday, page-36

XJO is up 38.6 points.

Shanghai market is basically unchanged.

XJO has also out-performed the US market despite the elevated AUD, which was seen as the reason for the poor performance over the last 12 months.

I suppose it could be that some of the money being parked in Australia from overseas is finding its way into our stockmarket. Perhaps one attraction for that is the likely change of government next year. I am just speculating.

loki