Weekend Charting and Chat, page-3

Thanks amigo, your XJO chart shows an impressive steepness in the current rally. Also, after a housing bust, my memory tells me that there is a renewed interest in shares by many investors. Furthermore, when a disliked government is kicked out, there is usually a relief rally that starts up when the result is becoming clear.  So, I have copied a chart which may provide some histroical perspective. The last time Billy's side came to government, XJO reached 6851. As your odds suggest, the market may have factored in a change in government and we could be on the way to a decent relief rally. (I wonder if there were any gaps from the peak in 2007?)