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Author Message  new2waix Member Username: new2waix Post Number: 521 Registered: 10-2003 Rating: N/A Votes: 0 Saturday, February 21, 2004 - 05:12 pm:     I've just been flicking through ASX 300 weekly charts and noticed that there is an extremely strong correlation among many property trusts and the XPJ index. Not only do many of the LPT charts seem identical in price movements, many LPT's also reflect the XPJ. Right now XPJ has been consolidating, but a strong movement upwards would be worth paying attention to. I am sure many other sectors have similar behaviour, but seems to be clearer with property stocks. It is worth mentioning the above is based on naked-eye analysis. Has anyone got some hard facts to support my claims?

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