XJO 0.47% 7,785.3 s&p/asx 200

HeremesI'm not sure what your position is:You think that this is...

  1. 1,019 Posts.
    Heremes

    I'm not sure what your position is:

    You think that this is like the lead-up to the 'Tech Wreck' and that the real problem is with the financials and their dilutionary buybacks.

    You also think the DJIA will bounce back at 12000 and that I'm crazy for suggesting the trend may have reversed and a bear market might be forming. Contradictory don't you think?

    Well...I'm not crazy. Yes the DJIA may reverse at 12000. The Dow got to within 125 points of 12000 last night, so if it's going to reverse it had better do it RIGHT NOW! Personally I don't think it will but, hell ...who knows?

    Follow what your eyes tell you. My eyes tell me the bear has been seen and he's somewhere hereabouts - still!

    - HBG



    Trade the market you see - not the market you hope for!
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.