Do you really know how 's the financial market doing ?
Give a glance to the above charts. It 's worth it !
Do you remember what I said and which was my prediction about the index 2 months and a half ago ?
No ?!
You 'd better go to see it !
This is the right link : http://nztechnicalanalysisabroad.blogspot.com/2008/07/nz50-index-forecast.html
..... and this was the "right" chart-graph.To be honest I was sure at about a new minimum on October , but not with this force.
We are facing with something real new for everyone is trading on the market in these days, even Mr Warren Buffet. There 've been a few crisis in the last 30 years :
1975-78 : Petrol Crisis
1987 : Crash on Wall Street Market
1990 - 1993 : Bank crisis and doom on Japanese Market
1998 : Asian Market Crash
2000-2002 : New Economy Crash
but nothing like this one, like what we are living today.
We need to look back longer, I reckon.
Stay tuned to keep up with the news.
See you soon.
Bye
