XJO 0.74% 8,285.2 s&p/asx 200

xjo - weekend charting and chat, page-5

  1. 16,819 Posts.
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    What you've said there Nouf is that anything can happen.

    Well I can't see anyone of any experience disagreeing with that.

    The only obervation I can make is that prior to the aforementioned falls in the SPX which you allude to I can remember myself getting really twitchy ,I was bucketing them out then.

    Right now I guess time wise and level wise you can make a good case for similarities but there just doesn't seem to be the froth in the market does there ,well at least not here anyway . I can make a case that it falls over through this next stanza but I reckon if it does they'll buy it up again .

    There's just nowhere else for the money to go these days ,I think these are unusual times ,even for markets ,where everyone knows that it's a rigged game ,but there are no other options at present. It's going to take something very very scary to put the punters off over this next period as far as I can tell
 
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