XJO 0.27% 8,036.5 s&p/asx 200

your an absolute guru........., page-16

  1. 17,444 Posts.
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    Feihong

    You are absolutely spot on.

    It still doesn't alter the fact that every market study shows a rarish atmosphere on every time period and trend lines and momentum.

    Sure, markets can stay overbought, but the risk is against you.

    Many are arguing that a global correction is unwarranted.

    From main street, I think they are probably correct.

    I believe that a correction now will be mainly sentiment driven plus the liquidity factor.

    I expect another move up from Oct/Nov or March when sentiment reverses, but fundamentals DO NOT rule markets.
 
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