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
- Forums
- ASX - By Stock
- XJO
- another bubble run
another bubble run, page-80
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a |
Open | High | Low |
7,889.6 | 7,969.1 | 7,889.0 |
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
XJO (ASX) Chart |