I guess your question was introspection D, as no-one here has...

I guess your question was introspection D, as no-one here has the answer to that.

What we are seeing now reminds me of an old hold i had a while back. ASX:ALC.
It was a similar story, so far as 2 years of SP gyration. Investor sentiment was morose, and most of the commentary hovered around wavering self-belief.

Here's a chart reflecting that period. Similar type %'age movement to ours over the period.


Then, sometime last year it all changed. Not the story mind you... there was no fundamental change. It was simply time for ALC's deli ticket to be called, and the re-rate began.


(That 2 years in the wilderness is boxed in red.)

Anyone looking at that chart now would not understand what investors went through back then, now the bobbles have been smoothed out to fit the re-rate in.

So, I suppose more than anything else, it showed me a real picture of risk/reward.
Of course the most any of us can lose here is our entire investment - 100% of it. If we've somehow all been sold down the river by pomp and fairytales.
But ya gotta have faith... Faith that what you hear and read is truthfully represented.
And ya gotta have hope... Hope that a whole lot of other investment money sees value here.

Anyway here we are, with the RSI now sat at on oversold 27.
Only got that low once last year, when the SP moved +70% in 3 weeks... Not saying it'll happen again (and not saying it won't).

Am saying this will hit the TA radars tonight. GLA