Martis,
That chart is beautiful. Pity you are misreading it.
Why do you think the DOW will go below the 'Saddam Hussein' (the Mother of All) support line? It hasn't done so EVER. When we breach that line, the biggest Ponzi scheme created by man will be unravelled. But then WWIII will be the 'dead' give away for that.
Your so called 'mid point' is only maybe the 11.8% fib in this Ponzi game. We're probably at the 22.6% Fib now. The game will go on long after you and I are gone.
xjo weekend zoomba lounge, page-185
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Last
8,075.7 |
Change
87.800(1.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |