XJO 0.67% 8,150.0 s&p/asx 200

monday maddness is coming, page-48

  1. 17,307 Posts.
    volt,
    Surprised to see you are still around, but I see you are still working on that correlation of random dates in the past to random dates in the future stuff.

    You must realize that just looking at a XJO chart for upcoming market direction is not a very fruitful exercise.

    The immediate future direction of the markets is largely driven by the political landscape, as barren and constrained by empty rudd-style posturing and lowest common denominator group think as it seems to be, and the upcoming possibility of continuing fund redemptions.

    You are not likely to get much of any significant insight to those market driving processes from any chart and very probably much of what you interpret is just from the pattern seeking that your mind desires and actively searches for, even in completely random data, or from the result of the collective decisions of a multitude of similar pattern seekers.









 
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