IMO Ravensthorpe continues to haunt BHP, as demosntrated in the news again today - just too hard for Kloppers it seems. On that glum note I thought some bright jingly bells were in order.
My data for the XAO dates until 1982. It was used to create the summary data below - PDYOR though!
The summary data below shows how many times a rally started in December and continued until at least the end of the month [ie. following prior price retreats such a slump which began in November and continued into December]. It shows only the dates when a rally started.
Rally Start Dates [cumulative]
December
4 - 1 [1]
7 - 1 [2]
9 - 2 [4]
11 - 1 [5]
12 - 2 [7]
13 - 1 [8]
14 - 2 [10]
15 - 1 [11]
16 - 1 [12]
17 - 1 [13]
18 - 3 [16]
19 - 2 [18]
21 - 1 [19]
22 - 2 [21]
23 - 2 [23]
24 - 1 [24]
All December Rally [1986, 1999 & 2006] - 3 [27]
Using this methodology IMO shows that since 1982 there has been a rally which started before Xmas and continued to at least the end of the year every year! I leave explanations for this to conjecture!
If people are interested I will publish the count for what happens in January!
Best of good fortune to all!
4YIO-NFA-PDYOR
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