XJO 0.39% 8,013.4 s&p/asx 200

thirsty thursday, page-31

  1. 17,269 Posts.
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    Volt, thank you for the Bensimon link....some very interesting cycle analysis. I guess we have to wait and see. But if I could offer one small alternative to Bensimons view. As you know may 29th is strong for me. If this rally can muster one more heave ho and touch the 200 at that date then that will be 189 days from the nov 21 low. back 189 days from nov 21 is may 16th 2008. That was a friday and monday the 19th has the second high of the May 08 rally, the last touch of the 200 dma and the beginning of a big slide.

    hows that for symmetry....but I concede we need caution from here.
 
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