XJO 0.81% 7,971.6 s&p/asx 200

head winds - thursday, page-25

  1. 16,819 Posts.
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    Yes some nice thoughts there Jako.

    There's a few issues at the moment which means that it might retreat for a while here ,in fits and spurts ,with enough happening to get rid of everyone who ever wanted to sell so that we could be in for something special whenever it pops/retests and takes off.

    I'm getting the feeling that this process could be a little bit elongated because the time's not yet right ,but we've already seen some consolidation and the stocks are showing all the signs of really tightening up.

    If it all goes to script there could be a lot of money made there later in the year ,for now I need more evidence before going all in .In fact my preference is that it goes nowhere for 2 or 3 months at least .There's just not enough true strength for anything sustainable at his point ,we need a bit more time in the gym to hold onto any moves higher
 
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