XJO 0.87% 8,283.2 s&p/asx 200

spi gone ballistic, page-3

  1. 8,619 Posts.
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    Glad I didn't go short the SPI Monday. phew

    Every news is good news in this market. It was a very high chance the budget would boost this market.

    No offense Gann45, but I don't understand how using math can be used to trade a market with so many influences from both the macro and microeconomy.
    Sharemarket is the bottom of the foodchain in the macroeconomy. Everything feeds into it.

    Maybe we could see a switch out of miners into financials tomorrow, but I would not count on it.
 
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