Australian (ASX) Stock Market Forum

5000 barrier for XAO?

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8 January 2011
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The XAO is approaching the 5000 mark again, just wondering what others think about this. To me it may coincide with a retraction, especially because of the bull run we have had from the middle of last year. A few people seem to be talking about a pull back. Might even be a good thing, allow things to cool off a bit and provide a few entry points for those who missed out on the recent surge - myself included ! Any views?
 
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