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Came at the right time here to catch the next wave. Rally is...

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lzt148

1,695 Posts.

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22/01/19

15:56

Post #: 37188815
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Originally posted by Freehold: ↑

Well it seems as thought my criteria to take an interest in the market has been largely satisfied with almost all world indicies swinging up with the 10d ema crossing through the 30. This from my prev post on the 16th Jan:-

"...Will Wait to see if this swing up can be sustained 10d ema is still below 30 on most indicies and trading below 200 sma still...I see tsx and asx are leading others but if others don't follow this will not be sustained... So we are not quite there yet as I highlighted multiple times in Aug sep Oct last yr. Still largely cash waiting on sidelines earning a stunning low %return which is
fine by me in a generally descending market as it's relative value increases. So will see what transpires over the next few weeks some big events on immediate horizon..."

So it appears is "game on" time again time to pack the carpentry/plumbing/gardening tools that away and start using the Trading ones again!! Much prefer the latter TBH

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Came at the right time here to catch the next wave. Rally is over and pullback has begun. Question is how far and hard do we pullback!

Last edited by lzt148: 22/01/19

XAO Value at posting: 5,927.1
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