sera, I would agree with that. I am short term bearish but not hedgie bearish yet. For all the wonderful TA that happens on the XJO thread I have concluded that a person could do ok if they just were mindful of 3 periods in the annual cycle. 1. this time of year post the xmas rally 2. the old go away in May 3. that notorious October period. Of course it is not a given that any of these periods will see excessive weakness. Last October saw nothing dramatic happen so perhaps we should be a little more vigilant now. A 10% correction is usually considered healthy and your article suggests 11%....but his upper target limit of a 20% correction seems extreme at the moment but who knows. If this whole eqypt thing were to spread then..........
- Forums
- ASX - By Stock
- XJO
- tuesday trading!
tuesday trading!, page-7
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,777.7 |
Change
95.700(1.25%) |
Mkt cap ! n/a |
Open | High | Low |
7,682.0 | 7,795.1 | 7,682.0 |
Featured News
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
NEU
Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
NEWS
Is oil undervalued?
XJO (ASX) Chart |