Market was down ~23% in March 82 from its peak 5 months earlier. US interest rates were skyrocketing in April 82, overnight rates up into 16%. No wonder the market fell further a couple months later.
Be surprised if XJO falls much below 3500 if it does fall.
4000 this week, page-12
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Last
8,374.0 |
Change
73.800(0.89%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,300.2 | 8,446.4 | 8,300.2 |
| XJO (ASX) Chart |