XJO 1.34% 7,971.1 s&p/asx 200

wonderful wednesday, page-61

  1. 9,485 Posts.
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    THIS IS A PLAIN STUPID THOUGHT , ABSOLUTELY POSITIVELY STUPID BUT follow the logic for a bit .

    The poms only got back to their 2002 highs of 6800 so for 5 or 6 years they have done nuffin .

    Our problem is similar to the Dow as we beat the old tops but if we were to match the poms we'd need to see xao at 3440 .

    IT AIN'T GUNNA HAPPEN .

    But if this is 1987 all over again other markets will recover and we will flounder for years until a percentage or inflation adjusted return became the equivelant with other indices .

    Oh dear but just a thought .

    Long tomorrow for a v day but picking the low is the key . AS IFFFFF but that's what the pattern says .

    ge
 
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