XJO 1.18% 7,869.6 s&p/asx 200

stock correction coming, page-22

  1. 3,698 Posts.
    my havent go a very big stockportfolio but it was up $75,000 in one month.
    That must be the best month I have ever had.
    I think it has a lot to do with this one off window of opportunity to $1 million in super before July 1
    Funds have to invest the funds, so as soon as they get it they are buying shares, probably blue chips.
    This is inflating stock prices for sure and I have little doubt there will be a correction.
    But while there is demand for stocks up till July 1, they will continue to go up.
    The question is when will there be a correction?
    I would say it will be sometime after July 1, so just enjoy the ride.
 
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