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Good point TH, you got me there. Although i would say that you could trade the SPI with if you had been watching the market, was up to date with the US and news events (and economic data) with some certaintity couldn't you? I mean, you're either bullish, bearish or in between. You wouldn't just go and trade the SPI with no market knowledge would you? That's what you're suggesting i did.Trades based on news announcements? Don't know if i'd make a trade based on a single news announcement, but news announcements over time add up and contribute to the share price.The "dead cat bounce or recovery" thread is a good example. Part of this 'recovery / dead cat bounce' is based on data and news from the US. You can't say that it isn't.
Good point TH, you got me there. Although i would say that you could trade the SPI with if you had been watching the market, was up to date with the US and news events (and economic data) with some certaintity couldn't you? I mean, you're either bullish, bearish or in between. You wouldn't just go and trade the SPI with no market knowledge would you? That's what you're suggesting i did.
Trades based on news announcements? Don't know if i'd make a trade based on a single news announcement, but news announcements over time add up and contribute to the share price.
The "dead cat bounce or recovery" thread is a good example. Part of this 'recovery / dead cat bounce' is based on data and news from the US. You can't say that it isn't.
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