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Shorting the Housing Bubble in Australia, page-93

  1. 8,844 Posts.
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    Well, you have to believe in your decisions to even be in this game don't you?

    Anyway, if the SP moves up and holds up tomorrow or even for another day after that then I would see the downtrend as dead and buried.

    If we have a sell down day and the SP finishes 4.16 or above then we're still in bull / bear fight territory for a little while longer but still on a slight positive reversal.

    If we have a sell down day and it finishes 4.15 or lower then I'd say we're moving into a sideways pattern.

    Anything under 4.1 would confirm bearish reversal down.

    We'll see how it pans out. I think my view is sensible, I've done alright out of this stockmarket caper.
 
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