XJO 0.23% 7,682.0 s&p/asx 200

RedIt is one of those rare occasions where I agree if perhaps...

  1. JWM
    319 Posts.
    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
 
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