Can everyone stop and think for a second?
The Australian Sharemarket boom was from 2003 to 2007.
Went up from 2600 to 6700 in 4 years.
Why do we go down from 6600 to 3000 in 1 and a half years?
This is people panicking, the US is the same story, It took 12 years to go up and it falls it in 1 and a half years.
This is not a recession, This is a crash.
Sooner or later reality will bite, people will start thinking, things will work....
But until people stop and think..
Nothing will happen..
To me there is more positive than negative in the near future and i will continue to buy at these low prices.
Regards,
UMC
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Last
8,777.8 |
Change
-50.900(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,828.7 | 8,828.7 | 8,770.1 |
| XAO (ASX) Chart |