Chris45,
No not using SPI Fair Value Formula. I'm using Laundry's volume oscillator (thats the -19 figure) and the Arms ratio or TRIN as discussed by Laundry recently and available here: http://online.wsj.com/mdc/public/page/2_3021-tradingdiary.html?mod=mdc_t
Taken together I have found them to be useful indicators, among others. Surprised not to read more on the SPI discount to the XJO tonight... perhaps most here consider it an outlier and not significant.
tigga
thursday trading, page-156
Add XJO (ASX) to my watchlist
 (20min delay)
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |