NOT wrong, all AORDs fallen 1000pts. C wave started.
Previous Post Australia to enter a very sad period
Aussie and Kiwis are in for a rough ride over 2015-18.
readtheticker.com does have charting data for the large ASX stocks as well as NZD and AUD, so investors can watch the sell off and get ready for the base and recovery in the years ahead.
Why? Short answer China, long answer the over hyped property market which will revert to the mean, and that will hurt!
Latest AORD chart. The 1000pt drop is the start of wave C, true it wont all move in a straight line, but the top is in. Aussie share investor time to cash up, on on the next bounce if you get one!
Here is the original chart...(posted March 2013)
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
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