XJO 0.10% 7,963.2 s&p/asx 200

Hi Crazy TrippersHave not checked thread yet; will read...

  1. 4,245 Posts.
    lightbulb Created with Sketch. 915
    Hi Crazy Trippers
    Have not checked thread yet; will read tonite.

    Not much from me this week; I was going to update the charts on my blog from last week but a quick scan of charts and really not worth updating charts. here is the blog from last week; GJ Blog )

    Cuppla observations/thoughts tho,

    -DJT bounced straight off bottom of S/R box & now back at top of box
    -I suspect very choppy until after US election (I am told US folk do not know anything else is happening elsewhere in the world in lead up to election ... now thats not like the yanks to be self obsessed?
    -lots of talk of a crash (not sure why) but IMO NO ONE can call crashes confidently. For mine TA just gives probabilities of market direction & FWIW that blog and other stuff (including FA) tells me that the odds are for further downward pressure
    -Glad I did NOT enter that qbe HnS call; chart gone v ugly, v quickly!

    Lets hope TC Sandy does NOT get too nasty ...

    just remembered a chart and follow up that I posted elsewhere (I don't think I posted here?) that add one more "-ive" sentiment to Mr Market. Some her might be interested?

    From 24/10



    & 25/10



    PS if anyone has a query or wants a specific update on my thoughts I will attempt to respond tomoz.
    cheers g
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.