XJO 3.70% 7,649.6 s&p/asx 200

xjo august closest to the pin entry, page-20

  1. 257 Posts.
    Hello All,

    My entry is 4848

    Thanks

    PMT

    PS; I thought I might add my reasoning for picking the numbers I have picked for Jul and Aug. I thought to myself, I will play this out in a smart way. So went to look for similar patterns in the past with close proximate setup to the current conditions. I thought the year 1996 fit that bill and tipped in for -2.7% for my July comp. That gave a bad result. Still I'm going to stick with the same pattern but would like to reverse the signs here. Aug'96 saw a 4.05% rise, so i'm going for similar amount in fall here.
    Regardless of our tips, July was a good month for the longs, Hope everyone managed to get something out of it. August will see a number of companies releasing their half yearly results and paying dividends. It'll present some nice opportunities for traders alike.
    GLTA.
 
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