Agree that sideways is good for specs...often better than short...

Agree that sideways is good for specs...often better than short term bull runs ending up with crashes. Few good specs will do sustained runs.

I think side ways is what we’ll get from DOW this year. It may run towards 13500 max and may not hit new highs this year. Retrace or the median could be towards and around 12000 since the 11500 was capitulation. Whether XAO will follow the DOW is not clear at this stage as RBA is doing the opposite of FED and our economic base, commodities, are geared towards Asia. This could be the year it will decouple from DOW. When interest rates peaks this year, super and instos will re enter and could have another run for XAO.