XJO
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0.10% 7,767.5 s&p/asx 200

has it lost steam, page-21

  1. hardballgets
    1,019 Posts.
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    24/01/08
    17:49
    Post #: 3284970
    Wise words Lekki!

    This little party is not over yet imo.

    I notice that the XJO and S&P500 daily charts look very, very similar - perhaps the exceptions being the December 07 pullback was deeper for the S&P500, whereas the current retreat is slightly deeper for the XJO.

    Trading strategy for both is pretty much the same I reckon - short rallies; respect the trend (bearish) and only go long above strong support and then with caution and very modest positions.

    regards

    - HBG



    Trade the market you see - not the market you hope for!
    XJO Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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