XJO 1.25% 7,777.7 s&p/asx 200

spi got sold off, page-21

  1. 10,298 Posts.
    lightbulb Created with Sketch. 1446
    re: spi got sold off gann45 brewsters, I am waiting a bit longer, its not just quite done yet.

    My problem is I am giving the market a margin of error of 1.5%, this means the actual top can be significantly more then the ideal target, but I seriously doubt it this time as not only will the same point connect the 1993 to 2002 bull market, but also becase its the 2002 to 2003 bear market times by 3, both points hit at exactly the same place.

    I will be using Put options initially, the drop should be sharp and sudden, then on the retrace switch to CFD's.


    There is no doubt this is a blow off top.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.