XJO 0.31% 7,850.7 s&p/asx 200

crash has started, page-58

  1. 7,523 Posts.
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    Amazing how many are calling this a crash. China has doubled in the past few months. Global growth is actually accelerating not deaccelerating. AN 8% correction is a hurtful experience but you have to see 15% plus before anyone calls it a crash. The follow on from Europe and US was only 2%. XJO does 2% up and down days every now and again.

    Don't you remember Indian Markets last year. Fell 25% one day. Bounced all the way back again.

    As I said at the beginning growth is actually accelerating last nights sell off was a technical profit take.

    I am willing to bet we are back to where we started within the next 2 weeks.

    I remember the last few crashes and last night was not like them....
 
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