Red
It is one of those rare occasions where I agree if perhaps for different reasons. This rally will probably go into the new year, but with the possibility of interest rate rises, the likelyhood of a reduction of fiscal spending (despite promises to the contrary), the possibility of an US slowdown some headwinds are likely to appear. I can only see flat to moderate growth at best for the next 6 months.
If I could offer gratuitoius advice, I would look more at the 100 to 50 day MA line rather than the 200 day line if you are looking into the medium term.
JWM
- Forums
- ASX - By Stock
- XJO
- friday fumblings
friday fumblings, page-167
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,682.0 |
Change
-17.800(0.23%) |
Mkt cap ! n/a |
Open | High | Low |
7,699.8 | 7,703.4 | 7,644.2 |
Featured News
XJO (ASX) Chart |