XJO
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0.47% 8,252.8 s&p/asx 200

AFPNice.I admit I have no fixed view here.I am longer term...

  1. voltaire
    17,444 Posts.
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    20/07/11
    16:54
    Post #: 8702413
    AFP

    Nice.

    I admit I have no fixed view here.

    I am longer term bearish is all.

    I can envisage a couple of months sideways or up, mostly to relieve oversold readings.

    I would like to see the scenario as per chart below which can happen slowly lower or sideways or up etc. as best for a big downside.

    That low put/call is not great for the upside.



    XJO Value at posting: 4,549.7
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    lightbulb Created with Sketch.  Great analysis
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