IIF does tend to track the ASX, I've found, with a glaring exception. That exception continued yesterday, so we can't be 100% sure that if the XJO goes up 3% today (because we never fully track the Dow's recoveries, useless bums that we are) IIF will go up today as well. However, as of 9:20 a.m., there's 3.3M buyers and 0.78M sellers, so we have plenty of insulation from irrational falls.
