Just remember that the market will turn up long before all the problems are out of the way.
Markets anticipate fundamentals by at least 6 months, so waiting for everything to turn rosey will leave you a long way behind the market.
Markets turn down when the best of news is out there and they bottom when things are as pessimistic as you can imagine.
Let the market tell you and not the fundamentals.
Fundamentals match the markets only in the mid part of a major move.
Typical bull market phases are.
First move up, all the news is still terrible and the move seems crazy.
Second move up, all is improving.
Final move up, fundamentals are OK but not as great but investors don't care.
Typical bearmarket phases are.
First move down, everything still seems fairly OK and denial of serious problems is everywhere.
Final move down, problems appear and are undeniable.
Repeat ad nauseum.
- Forums
- ASX - By Stock
- XJO
- another subprime victim
another subprime victim, page-8
-
- There are more pages in this discussion • 251 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
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,150.0 |
Change
-55.200(0.67%) |
Mkt cap ! n/a |
Open | High | Low |
8,205.2 | 8,205.2 | 8,107.6 |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
XJO (ASX) Chart |