ASX 0.20% $63.90 asx limited

dow in for a mauling tonight, page-28

  1. 6,516 Posts.
    Howdy xerxes, Yes for the time being im a enthusiastic bear.I am not one of those that expect a crash just a retracement "breather" i wont say no when the press get a hold of it either.Having a retracement is healthy for our markets.My absolute worst case scenario for the XAO would be 5900ish pts The enthusiasm has come from my calls on the XAO ,BHP from some weeks ago,and the fact that for the time being i have defeated a runaway bull. Ive only been in the markets for not even 2 yrs so to achieve very accurate calls on this leg down proves to me the hard work i am putting in is all worth it hrs on a computer on charts etc .I do get sick of it so it puts a smile on my face. I agree there is plenty left in this bull but not yet imo .I agree the markets are fascinating and i am starting to learn other aspects other than charting as TA is only a smalll part of sharetrading.Its good to see your doing well with NCM and i only about 4 days ago gave TAP the thumbs up.If the world markets were not the way they are i would still be holding OXR ...Dont worry mate I will be around till the rum kills me lol not the markets even if BHP went up 15% tommorow i am covered ..Excuse the writing as you know writing is not my forte thankfully! Best of luck with your investments russell
 
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