XJO 0.22% 7,750.7 s&p/asx 200

lets cut the crap aside here tonight, page-57

  1. 17,444 Posts.
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    Well it looks like SPI 5360 will be seen at the open.

    Even if they save things tonight, any more than a day or three up is hard to see but possible.

    I see where Farsight gets his SPX 1225 and a real possibility with 1172-1180 a good chance.

    I was saying last week that HK looks just terrible and really just beginning to come undone. It still looks like its drop so far has hardly started and that is a worry.

    I suppose the good thing is that the end will come sooner than later because of the sharpness of the move and the second half of the year should be positive now.

    If we head lower after a bounce probably Feb or March is the low but some basing for 2 or 3 months would be best for the longer term and produce one of those twice a decade buy and holds.
 
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