XJO 0.88% 7,959.3 s&p/asx 200

wednesday wonderwall waterfall, page-52

  1. red
    1,753 Posts.
    Hi Panda7,

    Seems my post gave you the wrong idea about my longer term views!... The overall trend is down hard imo and I've only covered my spx short which is a poofteenth of my overall position and even then I only did so because I think there's a half decent chance to reenter at a higher level in one or two days time.

    I also have a keen eye on the 38/39 correlation and posted the bottom line of what think here a week or two ago... The top is in imo and it's down from until somewhere between Dec this year and February next year.

    Fwiw there's a bit of chat here about an early October low but I can also see a couple of set ups for a September low and early October high. My views are normally worth less than zero though so we'll see!
 
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