Aussie market 'Not Buying' the US rise

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    Only had a quick chance to look at the US trading figures from last Friday night but the first things that stood out were that despite the huge rise on the indices it was based on total market volume of approximately half of the average of the preceeding five trading days.

    Very unconvincing basis for a market turn imo and it looks like the Aussie market is taking the same view this morning with quite a muted reaction.

    Any opinions ?
 
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