The old golden cross - i love 'em. If you want to see MEO's last one check out a chart i posted a few months ago - Post #: 5582989 (third chart down).
I'd love a encore of that performance, but the past's no guarantee of the future, and spec stocks were running harder around the last one.
Coincidentally MEO had one then the All Ord's had one four days later. So hopefully it's the start of a market wide run for the XAO to 5000 points for christmas. It'll only help MEO.
She touched the long term 50% Fib today (which i didn't expect to see just yet) before tiring today. Definately running on sentiment now.
Loved the volume pickup today. Still not the heady stuff it's capable of but it's nice to see.
Best wishes - Pocko.
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hat off to the longtermers, page-4
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