I think a crash is coming, but I reckon it will affect the US markets the most.....let's look at post 2008 crisis.......most countries indices have doubled since then but only advanced 25% or so on their pre crash highs.......not a real lot tbh for 12 odd years.....the dow jones on the other hand has rocketed 400% + and is another 150% up on it's pre crash highs and the Nazdaq.......1000% + from it's post crash lows.
I think Aussie shares will hold up rather well but there will still be a correction.
But when will this happen????????
A lot of "experts" were saying by last month.
They are all now saying this month or June.
Others are saying could take a year or two.
Bottom line: Don't try to time this baby with your DEG shares......you could get burnt real bad......just hold and be confident of the oz's in the dirt.
Imagine selling tomorrow because you were scared of the crash......and the crash doesn't happen for another two years......in the meantime DEG soars to $6-....crash happens and she drops 50% to $3........you've just AARH0070'd yourself!!!!
Good luck to all long term holders, and all the best to holders that are forced to sell for reasons beyond their control.
GIDDY UP
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Last
$1.07 |
Change
0.000(0.00%) |
Mkt cap ! $2.564B |
Open | High | Low | Value | Volume |
$1.05 | $1.08 | $1.04 | $7.860M | 7.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 40789 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 4651 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 40789 | 1.070 |
8 | 398989 | 1.065 |
5 | 84920 | 1.060 |
4 | 83213 | 1.055 |
8 | 136969 | 1.050 |
Price($) | Vol. | No. |
---|---|---|
1.075 | 4651 | 1 |
1.080 | 112295 | 7 |
1.085 | 71051 | 3 |
1.090 | 70160 | 3 |
1.095 | 72660 | 4 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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DEG (ASX) Chart |