i got an email from a young trader just starting and he asked...
If the XJO market in nov '10 was around 4800 and since then we have had the flooding disasters affecting mining, food, transport, etc etc which will cost billions....how come the market is at the same price today?
LOL
maybe one of you bull geniuses here can explain that to him in the financial jargon that has been created to confuse everybody and has confused him.
the last time i saw this much manipulation in the markets was before the little correction in '08!!! especially in the US...terrible!!!!!
euro to fall first
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Last
8,677.2 |
Change
9.000(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,668.2 | 8,714.6 | 8,652.6 |
| XJO (ASX) Chart |