noomx
Interstingly Alan Oliver posted a chart wich I have posted which is similar as 1987 for the Dow.
In it he has 61.8% dual targets in the 5400's.
That seems some distance away, yet if we do have one more minor leg down after a rally, then would be quite reasonable.
I have always maintained that picking absolute tops or bottoms is good fun and a sense of satisfaction but really pretty insignificant in the long term profitability of a trader.
Yes, if it all comes together then go for it with close stops, but those that can't get the dates miss little by just letting the market dictate the trend.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |