Yep MM; there is risk in the market! DJI should either be ca 10,000 now, or we should rally past 5000 in fairly short order IMO. As such, DJI could fall >3000 fairly rapidly on bad economic news IMO. This is very simplistic, but my detailed analysis leads me to this simple conclusion. As for what happens to SEA, well look at the GFC for clues as to what happens during market panic. The flip side, is that oil stays firm, XAO heads up and SEA continues to head towards fair value. If risk trade remains on, then we could go past fair value quite easily and achieve broker targets (once they update them for recent developments). All IMHO. Please DYOR.
- Forums
- ASX - By Stock
- SEA
- Ann: South Antelope Sale
Ann: South Antelope Sale , page-29
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)