XJO 0.28% 7,739.9 s&p/asx 200

wednesday trading!, page-9

  1. 1,854 Posts.
    i'm an amateur at many things, so what of the following?

    2000 top to the the 2002 low was a mighty big wave A.

    2002 low to the 2007 high was a mighty wave B.

    the crash from july 07 to march 09 was the mighty, mighty wave C.

    that makes a 10 year expanded flat correction.

    which makes for a mulit-year bull market which, oddly enough, makes a lot of sense from a contrarian perspective because so MANY people think we're all toast.

    i'd be very grateful to hear from the more accomplished chartists of the potential merits to the above.

    the markets are certainly speaking, and i the sound i'm hearing is akin to the bulls of pamplona!




 
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