You're a good sleuth Yako, and your daily commentary is must read stuff for me.
I come in blinded by ignorance, I don't watch the news, rarely ever read papers - of course, you can't avoid headlines on the web, but I do try to just read the charts these days. That makes me reactionary, but then you have to be as a chartist. In my mind, this is in serious trouble until it can show some evidence that it isn't. From the day I started looking at charts again it all looked toppy, I sure didn't know that it would be and I wasn't aware of anyone calling it, poor timing on my behalf, but I hadn't looked at charts at all for almost 2 1/2 years and had been either overseas or out of mainstream Australia for nearly all of that time. Bit annoying actually, I just missed a fantastic bull market...
2c worth - I gotta get another hobby, but I like this one.
Edit, hourly just made a nice little spring on the S&P 500.
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Last
1,618.9 |
Change
26.900(1.69%) |
Mkt cap ! n/a |
Open | High | Low |
1,591.8 | 1,627.5 | 1,591.8 |
XLD (ASX) Chart |