XJO 0.76% 7,763.2 s&p/asx 200

red,No idea what you mean by "you assume a lot of people who...

  1. 542 Posts.
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    red,

    No idea what you mean by "you assume a lot of people who read your posts!"

    I only post infrequently on HC, so not sure how you came to that conclusion re lot of people etc.. maybe you can explain to me what you meant by that?

    From memory I posted a chart showing the 200 period back in early May '08, it was another time frame/cycle the market had thrown up that was repeating.

    The 386 is just another period the "may" come into play, it lines up with the 200 as posted. There are other time periods lining up as well if you go back & check previous periods.

    The obvious one is the 90+ from March low.

    Cheers.
 
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