XJO 0.10% 7,767.5 s&p/asx 200

weird wacky week, page-79

  1. 9,861 Posts.
    lightbulb Created with Sketch. 5
    Thats true 87 did take a long time , however there were some great trades in that period.

    -OK, most here know i had 13 June earmarked and today that gave it a shake to say the least. We have majors relaly struggling and i know cause i have been heavy at it all week. We have the weekend to think whether its up or down from here but at leats a clear decision will come monday
    - S&P should lock in its lows tonight if not last night.
    - DOW doesnt really worry me even though the world eats and breathes it
    - OIL, well last night i stayed up for shorts as i feel the range 137 to 131 is a given . If it rises up tonight i think a crack at 131 will happen and you could see 122 quickly.

    LONGER TERM
    We have 2 choices
    - a struggle and sideways to accomadate the 03 07 bull run.
    - potential Wave 5 creating the biggest bull run anyone will ever see !!!

    Now i know the 2nd is a massive call but thats the way i see it if we dont get much lower than the March Low.

    Anyone can hold me to anything i have said above, as i put it out there for all to see and if you needs charts im happy to do that too. IF im wrong in any or all, i take it on the chin and learn some more - but at the end of the day its about having a go.

    Trade well and buy your groceries at Woolies, steel from BHP , and bank with NAB or WBC ( ANZ next time by degrees date)

    Have fun everyone and enjoy the weekend


 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.