Illogical SPI future...
US stocks climbed on Friday. And the Europeans too. And the Japanese. ASX is often regarded as resource-based and of late, a political turmoil. However, the new PM is business-friendly, the price of oil has gone up, gold has jumped off its low and commodity prices are recovering although it has fallen a little overnight.
How do those idiots determine that the SPI Future Index is in the negative territory at -1? Fascinating but illogical. I am expecting a nice charge for my energy and gold stocks. Those tech stocks (WTC, XRO, Z1P, APT, NWL, NXT, HUB, TNE) might retreat after a metoric rise.
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