XJO 0.84% 8,295.1 s&p/asx 200

twixt and tween tuesday, page-93

  1. 17,444 Posts.
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    We are 4 or 5 years into a bull market so very mature so how about these numbers over the last 2.5 months, keeping in mind that 3 months is a typical finish.

    Shanghai up 60% in 4 months.

    HK up 60% in 2.5 months

    India up 50% in 2.5 months

    Indonesia up 40% in 2.5 months

    Singapore up 30% in 2.5 months

    Taiwan up 25% in 2.5 months

    Australia up 20% in 2.5 months.

    These increases are not from a major bear low but late in a bull when markets get parabolic before collapsing.

    Only a fool would suggest that those type of momentum moves could continue.

    But it doesn't suggest a cooling down, it suggests completion of a mania that leads to collapse.

    Keep in mind that the last 3 months of the '87 top here saw us climb a ridiculous 30% in 3 months.

    Yeh, but its different this time.
 
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