XJO 0.12% 7,822.3 s&p/asx 200

DeltraWhen is a sucker rally not one?When no one believes it any...

  1. 17,444 Posts.
    lightbulb Created with Sketch. 57
    Deltra

    When is a sucker rally not one?

    When no one believes it any more!

    Can a rally really take off before Easter?

    Remembering Easter is also Passover and the Jewish influence on Wall St. is significant, plus many hate a weekend let alone a long weekend.

    No, this is not racist, just an acknowledgement, and the Yom Kippur/Rosh Hashanah is another period that is often significant.

    My guess is that after Easter is when markets will move strongly ahead although the lows may be seen before.

    The day after Easter has often been the low, but I will bet anyone here $2, make that $5 (that will break me), that on April 2nd we will be higher than here.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.