I agree mongo regarding following the trend. My current trade is only of a short term nature as the trend suggests when we hit the bollinger and hit long term resistance we fall back. If it breaks the trend i have stops in place.
As far as fundamentals go, we shall see further down the track. There are some extreme imbalances out there, and governments/central banks are walking a very thin tight rope in gale force winds.
I would be interested to know what your view was through 07/08.
terrific tuesday, page-24
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Last
7,768.6 |
Change
-53.700(0.69%) |
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| Open | High | Low |
| 7,822.3 | 7,822.3 | 7,766.2 |
| XJO (ASX) Chart |