absolute subjective evidence has no play in the market. This is...

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29/09/21

11:53

Post #: 56430263
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Originally posted by discursive: ↑

got close to dropping a buy at 15.95, patience has paid up. ASX should follow the Dow down the toilet.
2% today should touch on 15.50.
expectation is there is still another 13-15% in this delta strain correction, plus an overvalued Dow, but don’t be fooled the XAO isn’t too bad and a lot of PE’s and yields suggest this is fair value.
probably around this time next week will be the lock in and load signal
I’ll be watching that magic buy signal of 6800. I’ll buy in chunks of 10-15% of remaining cash capital every 5 days, I’ve got worst case pegged at 6300 points. Should only take 4 weeks to bottom before another quick, but bigger rebound OFF THE BAT OF HUGE STIMULUS.
just when the RBA signalled an increase to interest rates and a reduction of bond buying, kaboom they are going to line our pockets again
theres going to be more money in the economy than ever before, get ready for it ladies and gentlemen, a lot of people missed the dip in March last year, there’s now double the eyes on this, my bet is the XAO to rally out of the next correction like never seen before. I’m saying 10000 points in 12-18 months!

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absolute subjective evidence has no play in the market. This is purely a bond yield play. As yields rise so does this

CPU Price at posting: $18.00 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $40.52		Change -0.130(0.32%)		Mkt cap ! $23.53B

Open	High	Low	Value	Volume
$40.78	$41.13	$40.25	$32.07M	791.7K

Buyers (Bids)

No.	Vol.	Price($)
1	299	$40.42

Sellers (Offers)

Price($)	Vol.	No.
$40.53	2605	2

View Market Depth

No.	Vol.	Price($)
1	299	40.420
1	2052	40.390
1	1377	40.350
3	4243	40.320
3	2605	40.310

Price($)	Vol.	No.
40.530	2605	2
40.540	3668	1
40.550	2481	2
40.570	5656	3
40.600	2065	1

Last trade - 16.10pm 16/06/2025 (20 minute delay)

CPU (ASX) Chart

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absolute subjective evidence has no play in the market. This is...

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