Vanilla XJO Thread, page-8

Another day with no sign of a Santa rally, so it looks like a correction is definitely in progress. Go the bears.

Currently, XJO is down nearly 5% from its top of 3rd December. The question is how far will this correction go. The XJO could bottom at 5%. I'm wondering if a full-blown correction of 15% is possible.

XJO is a dementia index. As usual it seems to just follow the USA markets with little mind of its own. Difficult to predict. I've jettisoned my most risky holdings just in case.