XJO 0.87% 8,283.2 s&p/asx 200

Here's my 2 bob's worth..Perhaps, just perhaps (and this would...

  1. 4,155 Posts.
    Here's my 2 bob's worth..

    Perhaps, just perhaps (and this would really be a dream come true for me if it played out and I traded it well), we are running out a 90 day rally from the 8 July low (S&P) which would give a high on 6 October. That date seems to fit with other analysis.

    If we then got a lower high 45 days from there, at 135 days from low, on about 20 November, we would have a repeat set up of 1987, or what McLaren calls a "crash cycle".

    Euphoria would be an essential ingredient and the herd would have to be distracted by other happenings about the place, otherwise too many would see it coming and that they couldn't be allowed to do. A lot of razzle dazzle over the next few months would be essential.

    Just another potential scenario to keep an eye out for.
 
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