chris...
if the pro's are shorting the market (especially
resource stocks) then its a huge gamble as they
are not taking into consideration the emotional
aspects of cyclical time playing out and how
it influences when 'buying' occurs...
i personally think its more the amateurs
listening to to the 'slowing china gdp' stuff and
betting short will get found out...
below the CRB index looks to be starting a new
longer term cycle...
when the forward line of demarcation high is roughly directly opposite to where the index low is at then
its close to time for the positions to reverse...
chris...if the pro's are shorting the market (especiallyresource...
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |