XJO 0.09% 7,963.7 s&p/asx 200

woeful wednesday, page-133

  1. 4,361 Posts.
    hey volt

    i love receiving that kind of corroborating info. thank you with the 1987/88 info - i hadn't noticed.

    as you know, earlier last year, i mentioned that i thought the markets may be following 1973/4 analog. my moving average grid on the monthly still suggest that we may be following a similar path. the market may choose to disagree with me (lol - it sometimes/usually does) but i like my late february date for a low. the only fly in the darn ointment is options expiry.

    the bear may not be over any time soon but my charts have been telling me to reinvest at lows for a while now. i could be wrong but i'm only risking a tiny portion of funds until i get better confirmation.

 
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