XJO 0.39% 8,013.4 s&p/asx 200

tidy tuesday, page-104

  1. 17,444 Posts.
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    Jones

    I guess nothing is fool proof but I can't find one instance when that sort of action didn't lead to a massive and quickfire collapse.

    You can regard it as a double top for measurement puposes.

    So as a minimum expect a low twice as far down as we have achieved so far and it should only take 10 trading days.

    Now we may not be so stupid as to race up, but if the FED cuts rates tonight or tomorrow then it sure can do it.

    With our dates of 23-28 for a secondary top it does fit.

    By the way a typo on the last post. Sept low 10-13.
 
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