XJO 0.39% 8,013.4 s&p/asx 200

Im going to say if any drop occurs it will be based off a...

  1. 733 Posts.
    Im going to say if any drop occurs it will be based off a technical completion pattern.

    This is a good site from an elliot wave perspective:

    http://danericselliottwaves.blogspot.com/

    The rally from the March lows was always on the cards to suck people back into the market, the only questions were:

    1. How high was it going to go?
    2. How long were they going to keep it inflated for?

    There are number of factors to suggest that we are in a new bull market, but to me there are even more factors to suggest that we are in the topping process of a bear market rally.

    The system is broken, printing money in order to keep the house of cards from collapsing is a flawed approach.
 
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