Australia's largest stock trading and investment forum Australia's #1 stock forum

XJO

Click for more information

0.91%

7,712.0 s&p/asx 200

Have XJO bottomed today, page-63

First 63 Last

Share
Profile

Follow
kacy

11,654 Posts.

541

18/03/20

11:42

Post #: 43556548
Share

Originally posted by kacy ↑

Bottom? Technically (chart) it looks possible. But on the news front things are far far worse. It is total Armageddon !!!

The deaths are growing exponentially. The death rate in the US alone is growing by a factor of 10x every 6 days. At this rate there will be 10,000 deaths in one week, 100,000 deaths in 2 weeks, 1,000,000 deaths in 3 weeks, etc . etc . . . That's just in the US alone. Zombie Apocalypse stuff ! Europe is worse! The bottom log chart shows how this is calculated. There is no chance of a vaccine or a cure being developed within that time span. This suggests things are going to go into Wuhan style lockdown across the US and Europe and remain that way until a vaccine is developed, in 18 months, maybe?

View attachment 2055397

Expand

Link to coronavirus worldometer: https://www.worldometers.info/coronavirus/country/us/

XJO Value at posting: 5,099.0
Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

There are more pages in this discussion • 39 more messages in this thread...

First 63 Last

Add XJO (ASX) to my watchlist