Volt,
An interesting point regarding comparisons with the 87 senario is that the last time the market touched the 200d MA was the July 86 correction. After that the market experienced a few pullbacks and only three times during perid July 86 to the crash did the market pierce the 50d ma - twice in that May-June 87 pullback period - these pullbacks were generally shortlived. Could point to the possibility that we may not get a serious (ie 10%) correction b4 an 87 style blowoff top begins?
- Forums
- ASX - By Stock
- XJO
- correction getting much closer now.
correction getting much closer now., page-70
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a |
Open | High | Low |
7,889.6 | 7,969.1 | 7,889.0 |
Featured News
XJO (ASX) Chart |