I was at a social event on Friday night. And there wasn't a single Hot Copperite in sight (except me). The topic of conversation turned to the stock market.
That in itself is a contrarian indicator - when the hot topic at a party is the stock market.
When I gave my humble opinion that the market might be ready to go down - my view was met with amazement.
One gentleman said (honestly) ... "but all the papers say how good the market is."
No - he's not a taxi driver but a similar salt of the earth worker.
I rest me case, yer Honour.
Cheers
Red
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Last
8,877.7 |
Change
24.700(0.28%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,853.0 | 8,888.0 | 8,853.0 |
| XJO (ASX) Chart |