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Weekend Charting and Chat, page-33

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voltaire

17,444 Posts.

57

14/10/18

16:30

Post #: 36118289
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Originally posted by voltaire: ↑

Keep in mind this high in AUS is the same cycle high that topped on 21/09/1987.

That crash was brief in the US after a good start to a long bull. 5 years into 18 years.

So now 9 years into a bull, we could do similar and yet power on for years !

From 1982 to 1987 SPX posted a 3.3 X increase.

From 2009 to 2018 SPX has posted a 4.4 X increase.

The 62 month decline that did happen from 1987 to 1992 in XAO would be the worst outcome here and take the correction in Nov of 2023.

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I said into Nov 2023. To be precise it would be 30/10/2023. If that's a weekend then either side of it.

XJO Value at posting: 5,895.7
4 Upvote

0 Great analysis

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