Always a good read on this thread with various thoughts from the bulls and bears.
I,m not into charts myself but I guess after such a tremendous run both here and the usa over last few years ,we are bound to have a correction in the near future. Blind freddie knows the good times have to come to an end sometime and have a rest.,and yet look at the asx indices and also the nyse at present.
A few posters have been bearish and calling a major correction for some time,perhaps they will eventually be proven to be correct for once,but it has certainly been a long bull run.
And just for the record, the djia reached a record high on friday night,12556.08 + 41.10
Source nbr.com
Keep watching those stars and planets etc,if that helps,lol
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