XJO 0.88% 7,959.3 s&p/asx 200

Indices - 25/4, page-11

  1. 10,579 Posts.
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    I am not sure anymore - if trading thesis doesn't play out need to adjust expectations but probably too late. This is the weakest April in some 60 years- I am happy to say it's been tough and need to rework some of my holdings, That's the market.

    Was intially looking at a September high - normal trends in equities typically run for 6-9 months but this is increasingly looking like 2018 if that's the case then a low could be in early 2023.

    If market doesn't bounce significantly this week there is nothing to prop the market other than falling energy prices and a cease fire in Ukraine.

    I am happy to add on the big dips though as economy is very strong...and recession, well we are miles away from that as there is no hint of a slow down in business expenditures. They can't even find staff.

    Still think market has factored in too much - too fast but could go alot lower.
 
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