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that is correct, there is a important say trader have always in mind: "the market can be irrational longer then you can be solvent"

I think 2200-2300 is a good support area for the ASX200. You have to watch the S&P500, if it clear the previous march low all speculator/traders will turn bear and send markets to very low level like the 2200 on the ASX. Today the S&P500 turned down big time and sunk under 900. The ASX could...

the COT could be corrupted, but even if it is, you can't hide the huge number of position on the AU$ either if it is speculation then if someone is playing the market (they are even higher then last July at commodity peak). EDIT: I just wonder if RBA is building up forex reserve to eventually...

Hi WW, you have to be carefull reading those leading indicator. I thought was a bit odd to see Germany, France and spain negative and Euro positive, I looked a bit more into it and thse leading indicators are not the same and even taken at different dates. You might be interested in the latest...

There were lots of positive indicators also a year ago and untill at least August. The most important positive indicator last year was the trade surplus and commodity prices, also budget surplus was very good and unemployment very low. After august there was the positive factor of lower AU$...