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0.50% 7,971.1 s&p/asx 200

up against resistance again, page-49

  1. jasonj
    1,000 Posts.
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    24/08/08
    22:51
    Post #: 4141895
    Also of significance are the levels upon which the DJIA plateaus:

    1906-1941 (35yrs) it was stuck near 100.
    1966-1982 (16yrs) it was stuck near 1000.
    1999-? it was stuck near 10000.

    I suspect this partly has to do with human psychology, the fear of going to far too soon. To reach the next level it needs a strong catalyst, like the end of WWII.

    XJO Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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