XJO 0.10% 8,214.5 s&p/asx 200

nice jobs report, page-26

  1. 10,355 Posts.
    lightbulb Created with Sketch. 1486
    re: wingingit I will also add to that after this point its not going to be the end of the bear technically, after this decline it should bounce reasonably well, pause and trade in a cra.ppy sideways range and then head back down into December 2007 (does not have to make a fresh low though).

    The cycle that caused the top in January 2000, bottom in March 2003, Top in May 2006 does not give the market a chance to bottom until this point, at best.

    Unfortunatly re the All Ords will just have to wait and see, I know, mathematically where it should bottom, however its more likely to end up been a slow gradual decline down (with sharp spikes down at times) which will take some time.

    US markets will go from high to low, so thats easier. If the All Ords goes from high to low it will be a mild version of 1929-1932. Not been drastically bearish, thats just how it figures.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.