XJO 0.04% 8,023.9 s&p/asx 200

hopefulone's 'bottom sure smells close' friday, page-2

  1. 17,444 Posts.
    lightbulb Created with Sketch. 57
    Corrected dates for locals.

    The crash cycle is 56 days. Dates are for US markets.

    03/09/29 + 56 was 28/10/29 or turnaround day.

    25/08/87 to 20/10/87 was turnaround day and 56 cal days.

    So from 02/05/11 the day you need to worry about is Friday as the crash day and Monday as turnaround day.

    Obviously if Friday is crash day in US the we cop it on Monday.

    Seems wrong time of year though.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.