ASX 0.71% $62.28 asx limited

its a blood bath, page-36

  1. 195 Posts.
    re: its not a blood bath but a buying opportunity! LoL looks like most of the novices are calling today a bloodbath but the old pros are merely calling it a normal reaction to an overheated market.

    Do some of you expect the market to fly up and up forever. This is merely an over reaction to a sudden big fall from the US last week. Economy looks healthy, in fact our market is still below fair value of 5700. Even the US economy is slowly picking up, Japan and especially China are still going great guns. On top of that you have India, the soon to be economic juggernaught flying along happily. So this is merely a healthy correction, nothing to really worry too much.
 
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