XJO 0.25% 8,160.0 s&p/asx 200

10000 on the djia, page-135

  1. 18,287 Posts.
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    Talk about taking one's eye off the ball ..... was reminded this morning that it is now 223 calendar days since New York bottomed in March - Venus's cycle is 224 calendar days. When the market bottomed in March I put it down primarily to the turn in Venus (we don't need to revisit the contraversy this idea caused at the time) but Venus has now done one complete circuit of the sun. Plus a new moon on Sunday. Should at least give us a correction. Technically things look overbought but I do admit that despite the euphoria caused by Dow 10,000 there seems to be too many bears for a major top.
 
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