For all your bickering you guys missed the only thing that (to me) is important right now (being a long term investor). Not into pip games and quick hope trades. I think this point is key to long termers:
One of the most respected stock market research organisations in America is NDR (Ned Davis Research). To mark out long term trends in the American market they use a 3-Month/10-Month X-Over signal.
So far with one day to run in August, the 3/10 x-over has occurred. It is doubtful that one more day will affect the result.
Such a crossover happens very rarely, and when it does, it's telling you something.
Weekend Charting and Chat - 28 August 2015, page-54
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Last
8,045.1 |
Change
-26.300(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,071.4 | 8,071.4 | 8,017.7 |
| XJO (ASX) Chart |