All Ords Index.

**Lego_Man** · 06-07-2009, 07:21 PM

Edit: nevermind

**Brut** · 06-07-2009, 07:58 PM

Hi Phaedrus,

I don't post charts on here but this is the way I see it. (I could be totally wrong).

All Ords 3784. (AS OF CLOSE TODAY)

I see major support at 3650, I tend to favour good support at 3725 holding. A recovery of 3815 should represent a signal for resumption of the major uptrend. Strong resistance at 3935 then 4005 & 4085.

Medium term target for me is 4450 so I'm still bullish

**tricha** · 06-07-2009, 11:26 PM

Phaedrus - "Todays 1.1% fall to 3784 was of sufficient magnitude to end the uptrend that began in March, and to confirm a new downtrend. "

U have finally seen the wood from the trees, dam fine rear vision mirror u have there Phaedrus

There were no green shoots, just smoke and mirrors.

**tricha** · 07-07-2009, 08:31 PM

Interesting stuff, most of the big rallies were in "The Great Depression" and thats why I was hoping u would do a comparision "Master of Charts"

http://www.financialsense.com/Market/wrapup.htm

The spring rally in stocks has ended. It went out with a bang in early June with a break above the 200-day moving average in the S&P 500 and the Dow Jones Industrial Average. The spring rally is marked as the 3rd biggest rally in the past 100 years.

Begin
End
Days
Performance
3/31/1938
11/9/1938
153
59.8%
11/13/1929
4/17/1930
106
48.0%
3/9/2009
6/12/2009
67
39.9%
10/5/1931
11/9/1931
23
35.0%
6/2/1931
7/3/1931
23
27.6%
4/11/1939
9/2/1939
107
26.0%
1/5/1932
3/8/1932
43
24.7%
11/20/2008
1/6/2009
30
24.2%
12/16/1930
2/24/1932
46
23.4%

**Lego_Man** · 08-07-2009, 01:22 PM

Phaedrus, referring to your original chart - what would it take for your line to go red again?

**winner69** · 09-07-2009, 08:15 AM

Stronf finish to the ASX yesterday .... and the US markets getting a boost (from somewhere) near the end of the day to finish up signals a positive day on the ASX today

The line on P's charts might even get back into green territory