Well if you want to compare to 2008, do note the big negative divergence between the 2 peaks in Aug/Sept07 and Nov 07. And yeah there was a big drop off from the first peak in the ratio. I wouldn't be too scared at the moment, but I think its possible and maybe even quite likely we will get negative divergence with a peak in a couple months time like last year. The first peak last year was about a month earlier than our Feb peak this year. So a late April top last year may mean late May this year. As they say sell in May and stay away.
- Forums
- ASX - By Stock
- freakie friday
Well if you want to compare to 2008, do note the big negative...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add XJO (ASX) to my watchlist
|
|||||
Last
7,943.2 |
Change
-171.500(2.11%) |
Mkt cap ! n/a |
Open | High | Low |
8,114.7 | 8,114.7 | 7,920.0 |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
XJO (ASX) Chart |