trades from 31st August, page-6

  1. 2,076 Posts.
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    ST 78 - your thinking is no that much different than my own, although I won't go into detail on each stock you mention at this point

    you might have read my regular comments about trading bands and oscillations within the xao's trading band - well this time the xao after reaching the top has not turned back down ........ for the last 7 days it has been going sideways to up, and the two month trading band that I apply to the chart has now got a much very much steeper upward tilt (the oscilation pattern has broken down)....... so the current appearance of the chart is one of a strong upward surge ......you could extrapolate that to a stong upward movement in September and a correction October, which historically is the months for corrections , large and small......

    I am normally the one who puts the knockers on those sort of projections ie. nobody really knows what's going to happen tomorrow - the very best we can do is go on trends.......I am not betting on this though.....

    GK
 
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