XJO 0.22% 7,997.7 s&p/asx 200

tuesday's turn, page-23

  1. 17,263 Posts.
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    crisstoff, perhaps you are on the right track. for any XJO readers still a bit confused about what the Armstrong model says is next here is his wave below......economic confidence is predicted to be heading DOWN big time come April......

    but such a downturn in confidence could be triggered by a decline in the USD which in effect is the world currency. But that may actually be good for the market in dollar terms except a dollar may no longer be a dollar. Armstrong does touch on this possibilty in one of his latest pieces....we may see in the coming years the dow at new highs but with the USD being worth a fraction it's current value.

 
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