XJO 0.86% 7,829.7 s&p/asx 200

PB said: "My frustration with the XJO is that there is very...

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    PB said:

    "My frustration with the XJO is that there is very little looking forward – too much this is what has happened rather than trying to interpret from what HAS happened into what MAY happen."

    Personally I don't think this is true.

    There are just too many instances to quote.

    But here are just a few examples: Look at Nine Lives - Look at SF - with their numerology. Pisces invariably is forward looking. Jako with his VSA is continually looking at what will happen.

    Take a look at my quote today - the sort of thing I do day after day.

    "This is setting up for a pull-back. Negative divergence setting up on the MACD. Very high readings on RSI <78, and CCI <180. Negative divergence setting up on Money Flow. I can't see much more upside with Indicator structure like that. But – this is a bull market – so any pull-back is likely to be limited."

    In relation to your "deflation/inflation" question - maybe nobody came back with a reply. But I would point out that I often discuss this question. In the past, I have had several encounters with SCK over this question. Very recently I had a post which highlighted how the Velocity of Money has been dropping and dropping and dropping. That's an important part of the deflation/inflation equation - a part which many people don't understand and consequently ignore.

    I could go on and on.

    I would point out, once again, that your posts are read and appreciated. Just look at the TUs you get. You are clearly a highly valued member of this community. You may not be getting the sort of responses you desire. My observations are that you get plenty of (deserved) attention.

    Finally - the following quote from you is blatantly false:

    "The reason I like Cha’s analysis so much is because he is the only technical person who is looking out there into the future."


    Redbacka
 
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