Sounds like we have priced in more downside and upside.
What are the chances of a range trading market, chopping between 4500 - 4750 over the next couple of weeks (take us to Laundry's May 20 high).
This would give time for the Bol. Bands to tighten, allowing a bigger extended move.
thursday may 6 2010, page-19
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| XJO (ASX) Chart |