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Bull's-eye for XAO forecast of 7th Feb ‘08

October 15, 2008

ASX Resistance SMA Support Wedge

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James Leo Donoghue: Technical Analysis is a fascinating subject, but never forget it makes for probabilistic forecasting; the crystal ball is too often cloudy. Yet I do recommend the study of it to anyone interested in market behaviour. There can be no guarantees. These charts and comments are put here for you to think upon. I was born 7th August, 1943 in Toronto, Canada. Lived in Michigan for two years in the early 60s and have lived in Australia since 1975. Graduated, York University, Ontario 1973. Spent my life mainly in computing as contractor/consultant to organizations such as The National Library of Australia, Bankers Trust, Hawker de Havilland Aircraft Australia, Douglas Aircraft of Canada. My writing has been published in diverse places such as the anthology Childhood and Youth in Canadian Literature, ISBN 0-7705-1598-3 pa, published by Macmillan of Canada, and in Australian magazines such as Australian Mining and Quadrant. I write and make short films and documentaries like "Chain" at http://www.youtube.com/UIILeo and was most pleased to have met Buzz Aldrin because of one of them: Dreams and Reality - The Story of the Wright Flyer Project at http://www.youtube.com/UIILeo1

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