XJO 0.10% 8,212.2 s&p/asx 200

black wednesday?, page-128

  1. 1,239 Posts.
    Having a look at the XAO in 1990. I have seen reference that Volt has used comparing now and than. I thought I would attempt a very rough overlay of ideas.

    Two holiday periods coming up for the states, Memorial and July 4th. Looking at the same period in 1990, we see a rally after both of the holidays, around a week long. Looking at a site kate9999 put up, we also see a new moon on the 11th of July which I will take as a high.

    I think by memory Volt has a top in early August which might than sell off later in the month to September our traditionally weakest month of the year.

    US traders start the summer holidays in this period, weaker volumes are present. Early June could be a buy for a few days but EOFY for Australia last two weeks, traditionally is a sell.

    L plates on Treggs thanks Spider
 
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