XJO 0.43% 8,259.1 s&p/asx 200

election wednesday, page-34

  1. 3,731 Posts.
    Rob, congratulation on your red heart.

    Well, in the past major crash, there is hardly any rebounce that excede 30% from its low in a very short term.

    But 50% rebounce is very much possible in six months peroid.

    The first target for SPY is 1080 for 30% recovery, the second target for 50% is 1250. (I seriously doubt it)

    It looks like the whole world is ahead themselves, From their low,

    HongKong: +40%
    Japan: +33%
    Bazil:+36%
    Canada: +18%
    London: +26%
    DAX: +31%

    We are merely +16%

    Well, 30% will bring us into 4850, and 40% to 5236, and 50% to 5610...........

 
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