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

monday comes, page-8

  1. 9,803 Posts.
    B2, I'm not a gannster tho I do find that approach interesting. I posted that link partly because it is interesting how they reached their forecast, even if eventually it was proven wrong. To be fair, elsewhere on that site they say that one should wait on a price move down to actually start before capitalisng on previous signs of weakness.

    Any other forecasters who get it right? lol All I know for sure about any forecast is that it will be wrong! We just don't know by how much! And thats not actually knocking forecasters, its just the nature of the business that even they usually acknowledge.

    I always look for subtle signs of weakness in any strength, and vice versa. Most price moves contain within them the beginnings of their own defeat imho.
 
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