XJO 0.65% 7,940.7 s&p/asx 200

02/01 Indices, page-138

  1. 5,152 Posts.
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    I will be adding to my ETF in my investment portfolio on any decent pullback and hold that for at least a decade.

    The insane sell off a couple months ago was the result of intense Western fear mongering and propaganda re China. The market baked in almost every imaginable risk - even the ones with extremely low probability. It was screaming oversold on every indicator you can find. China and its economy is not collapsing - not even close! Slowly slightly at best, but still growing faster than almost all other major nations.

    What i did not expect was a steady rise for over 2 months now. I thought there would have been a decent pull back by now, buts its been steaming ahead with barely a pause.
 
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