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aussiebear

World Stock Markets Trading Discussion - Ornamental ossification

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http://bigcharts.mar...com/default.asp

 

 

All Ords steadily ground down to close -0.4%.  In the sectors, Telecomms -1.5%, Utilities -1.4% and Consumer Staples -1.2% while on the upside, Gold +1.1%, Miners/Energy +1%.

Over in Asia, China and Hong Kong +0.6%, Japan -0.5%, India currently +0.2%.


In UK/Europe, FTSE -0.1%, DAX and CAC -0.3%.

 

 

 

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http://bigcharts.mar...com/default.asp

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I have stopped posting cycle projections. They just  have not been working.  The market system is spinning out of control. 

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I have stopped posting cycle projections. They just  have not been working.  The market system is spinning out of control. 

You just have to move with the times. I suggest 1 hour and 10 minute cycles. 

 

No day seems to have any relation to previous days. Each day is an island.

 

More seriously it makes me think failure is an option. The thing is it might come after that 1000 point up day.

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