sell aussie by dow , s&p, ndx

  1. 9,485 Posts.
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    Seems like what's happening until ?
    If we aren't carefull the Yanks will over take us % wise .lol Not quite but we are now below the Poms % wise in a booming commodities market with gold doing ok and copper another daily high etc .

    1:00PM: Spiking higher, the indices move further north on the backs of all ten economic sectors. Even Energy, the session's laggard until recently and still facing a 0.8% decline in the price of crude, contributes a 0.4% gain. Blue chips are out performing today, with Intel (INTC 26.82 +0.66), McDonald's (MCD 33.84 +0.85), American Express (AXP 52.39 +0.64), General Motors (GM 23.42 +0.15), JP Morgan (JPM 38.88 +0.68), and Pfizer (PFE 21.73 +0.35) each contributing to the Dow gains exceeding 1%. Of the average's 30 components, seven trend lower; only Caterpillar (CAT 58.08 -0.68) has dipped more than 1%.NYSE Adv/Dec 1965/1212, Nasdaq Adv/Dec 1587/1309
    12:30PM: Still standing strong, the market's majors have each noted about a third of a percentage point thus far today. November's rally has taken the S&P 500 up about 7%, and positions the index for the 5% gain that expects for 2005. Year-to-date, the S&P is currently up 4.1%. The Nasdaq, meanwhile, remains near four and one half hear highs, up 3.6% on the year. Including today, the equity market has risen 15 of the last 19 sessions. NYSE Adv/Dec 1829/1293, Nasdaq Adv/Dec 1544/1325

    12:00PM: The indices head into the afternoon at their best levels of the session. Despite the fact that there is virtually no market-moving news on the corporate front, and while trading volume is lower than average as market participants get an early start on the Thanksgiving holiday, buying action continues to dominate trading. Over the past month, the market's major averages have gained an average 7%, and a bullish energy inventory report from the EIA gave investors reason to extend the rally today. Crude and distillate supply -- the latter of which sits center stage as winter sets in on parts...
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