XJO 0.10% 8,212.2 s&p/asx 200

paddington's - watching the generals - friday, page-44

  1. 9,456 Posts.
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    Yes, Pisces.

    It might bumble along just sideways, with narrow ranges. But rarely for more than three or four days. After such time we get a big down or up day.

    4300/4350 (thereabouts) has been a stumbling block for the XJO for months now. If it's going to go through it - I'd expect it to be with a rush - and cause one hell of a short squeeze.

    At this stage - I'm not seeing a rush.

    But - until we see a definitive move down - the trend remains up (or maybe sideways).

    Is that fence sitting - no, just trend following. BAAAAA

    Confucius say: He who sit on fence end up with barbed wire in backside.

    Time to indulge in some Zoomba nectar.

    Redbacka
 
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