TU,
How are all these uptrends broken when each of the markets you mention has not concluded trading yet, or is this a silly question?
IMO the US still expanding .. slowly.
Carry trade still on with US index dollar falling.
US reporting season overall positive.
Last friday was a non event and this one has a good chance of being the same.
Remember capital allocation in the world will follow where the best returns are regardless of the economies and that still appears to be equities. Remember from March 2009 when the market just continued to go up on bad news. I was long into this decision and remain so.
Charts experts on here have turn dates late August so looks good for that scenario so far. Just think its too early be bearish just yet.
- Forums
- ASX - By Stock
- XJO
- untoward friday
untoward friday, page-94
-
- There are more pages in this discussion • 43 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
8,077.5 |
Change
32.400(0.40%) |
Mkt cap ! n/a |
Open | High | Low |
8,045.1 | 8,085.0 | 8,045.1 |
Featured News
XJO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
SPONSORED BY The Market Online