asx monday predictions, page-39

Just an observation, not saying a rally is too far away but using this thread as an example + the recent threads with posters calling "capitulation days", judging by the threads most highly rated posts it's miles away from here.

True capitulation is when people have given up hence calls for "rallys" & still finding reasoning for where it is are all but forgotten & many have simply walked away swearing the stock market off for life, not still having the majority of people with confidence to reach higher ground again.


The 3 most highly rated posts on thread -

"We will rally as the downgrade has already been factored into the markets


huge rally imo"


"Pitty our markets don't focus on our significantly more substantial trade ties to Asia than the S&P downgrade. Sure, everything is tied together somehow, but us not going up like the US market did, but tanking every bit as much is frankly ridiculous."