Jaolsa
I do suspect there will be a last gasp rally period.
It may be an 1989 type where it is a lower high or it may actually make new highs.
It is easy for me to get confused between the US position and ours.
I do believe we will see an interim resource collapse in the first half of next decade before a second leg.
I am not so sure about the US.
Is it done or just started.
Not sure.
Everything seems dire now and I believe worse is to come, but whether it is the killer blow I am not sure.
As Gann45 has pointed out for a long time, 18 year upside periods in the US seem to be followed by 18 year sideways periods.
So I suspect they see up to another 10 years of sideways trading which allows for slightly higher prices and much lower prices.
If the range is 10,000 pts I know you will scalp 1,000,000, ;-). (I believe that's a winK)
- Forums
- ASX - By Stock
- XJO
- friday night trading
friday night trading, page-112
-
- There are more pages in this discussion • 7 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
Add XJO (ASX) to my watchlist
|
|||||
Last
7,680.6 |
Change
31.000(0.41%) |
Mkt cap ! n/a |
Open | High | Low |
7,649.6 | 7,713.7 | 7,628.1 |
Featured News
XJO (ASX) Chart |