XJO 0.30% 7,759.6 s&p/asx 200

another bubble run, page-80

  1. 721 Posts.
    Farsight,
    On a serious note, where do you see the market heading over the next month or two?

    I would have liked it to tank a bit and then resume the upward trend, but then I realised I could be waiting a long time.

    My gut feeling is that there is a lot left in this market and the bull run may be longer than anticipated.

    The commodity demand from China and India will be there for a long time, so resources should continue to do well. Infaltion is under control with the reserve bank revising it downwards to 2.5% today. It is probable that there will be tax cuts in the budget, so more money to pump into the market.

    What are the negatives?

    Lalit
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.