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.
- Forums
- ASX - By Stock
- XJO
- Indices - 25/4
Indices - 25/4, page-11
-
- There are more pages in this discussion • 278 more messages 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
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a |
Open | High | Low |
7,889.6 | 7,969.1 | 7,889.0 |
Featured News
XJO (ASX) Chart |