nine lives - thanks for the Pesavento link. This is a big week on the planets.
On Elliott - my big picture idea is a bit different. If you use the S&P rather than the Dow then the top in 2007 was only a whisker above the 2000 high. So I am thinking ..... take the 2000 high as THE TOP so that the 2003 low becomes Big A and the 2007 high Big B and the decline into 2009 becomes Big C so this is Big D up or part of it with still Big E down to come. Allowing time for a base could easily take us out to 2012. I know there are other interpretations particularly if you use something like the Wiltshire which some people believe is more representative of the US economy. I just like to have some sort of road map in my mind as a backdrop to what is happening in the short term.
- Forums
- ASX - By Stock
- lowbrow friday
nine lives - thanks for the Pesavento link. This is a big week...
-
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,987.9 |
Change
-24.000(0.30%) |
Mkt cap ! n/a |
Open | High | Low |
8,011.9 | 8,024.5 | 7,963.9 |
Featured News
XJO (ASX) Chart |