crisstoff, perhaps you are on the right track. for any XJO readers still a bit confused about what the Armstrong model says is next here is his wave below......economic confidence is predicted to be heading DOWN big time come April......
but such a downturn in confidence could be triggered by a decline in the USD which in effect is the world currency. But that may actually be good for the market in dollar terms except a dollar may no longer be a dollar. Armstrong does touch on this possibilty in one of his latest pieces....we may see in the coming years the dow at new highs but with the USD being worth a fraction it's current value.
- Forums
- ASX - By Stock
- XJO
- tuesday's turn
tuesday's turn, page-23
-
- There are more pages in this discussion • 141 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
(20min delay)
|
|||||
Last
8,212.2 |
Change
8.500(0.10%) |
Mkt cap ! n/a |
Open | High | Low |
8,203.7 | 8,225.5 | 8,203.7 |
Featured News
XJO (ASX) Chart |