the chronicles of disco stuesday, page-25

broker targets heeheeehe! usually brokers release their targets late in a rally. Then sell their shares the same week after the bullish targets have helped to pump the price. dont forget they have personal stocks they trade and fund stocks, so the fund may hold while their stocks are sold. maybe im too sceptical...

i think a news headline about china's housing has caused our market to retract. imo it has very little substance.

'New home prices fell in 27 of 70 Chinese cities last month from a year earlier, while prices were unchanged in six others, the worst performance since the government started releasing individual data for 70 cities at the start of 2011'
bloomberg.

big headlines trying to say china's house prices are crashing all over the web news sites. In 37 cities the price went up apparently, which cities? did the big cities all go up and the small cities down?

note im a sceptical person. I have a simple way to analyse data. If data is presented in a way that could be twisted, manipulated or corrupted it is instantly dismissed.

short term retrace XJO, followed by medium term rally. 4400 to 4500 top.