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

some cloudy thoughts. 3-4 weeks negative action has covered most...

  1. 746 Posts.
    some cloudy thoughts.
    3-4 weeks negative action has covered most of the recent party stoppers timewise over the past few years. The depth has varied.
    We just closed negative week number 1.
    We sit in a position where we may have another 2-3 weeks of crappy action but at a level above the January low and the March retest. We either survive and Jo goes parabolic, fueled by the unrelenting commodity bull, hyperinflation and the technically perfect wave which will suck in trillions of greedy $$$
    OR the US crashes through these lows and we get washed down the drain for months and months.
    Crunch time is coming in the next few weeks.
    The market "learns" so if its forming a low it'll probably be week 2-3 ie this week.
    However, I recommend taking out crash insurance.
    Me, I don't think I can even be bothered. Good luck.
    Remember, its a party. Have fun, get some, don't get killed.

 
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