I think we might have another week or so to go.
A couple of reasons why...
The US market seems to be at a 'decision point' as to whether to go higher or lower, but I haven't seen a decision point yet that didn't resolve to the upside.
We're close to a top but I think we've got another couple of percent to go. I'm a bear but I still think we'll see bhp over 48 and xao up around 6900.
When I look at past crash tops it seems to me that the real damage is only done when the market has struggled to rise after being bid up to a high and then... after a couple of failed attempts to rise... reality set in and down it comes. I think the 367 point drop in the DOW a bit over a week ago was an example of this but on a smaller scale.
- Forums
- ASX - General
- ASX
- warning 2007 crash
warning 2007 crash, page-34
-
- There are more pages in this discussion • 52 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 ASX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$63.53 |
Change
-0.970(1.50%) |
Mkt cap ! $12.31B |
Open | High | Low | Value | Volume |
$64.71 | $64.80 | $63.32 | $24.41M | 383.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1431 | $63.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$63.54 | 890 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 330 | 63.500 |
1 | 78 | 63.320 |
1 | 50 | 63.310 |
1 | 155 | 63.260 |
1 | 500 | 63.200 |
Price($) | Vol. | No. |
---|---|---|
63.840 | 1143 | 1 |
63.850 | 1250 | 1 |
64.280 | 500 | 1 |
64.330 | 368 | 1 |
64.480 | 600 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online