XJO 0.30% 7,759.6 s&p/asx 200

terrific tuesday, page-40

  1. 17,444 Posts.
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    Fundas

    Its a bit weird!

    Normally a breakout is a buy signal except when its very long in the tooth.

    So I can't be aggressive on the short side at all.

    As you suggest though, a pullback now is probably painful for the late comers but also a set up for a second leg.

    With more participants it seems markets will become more complex to bamboozle as many as it can.
 
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