SP500 is still 5% from when 1970 and 1973 started recession (relative to peak).
In a non-recession scenario new high usually occurs within 12 months.
So I'm seeing 5% to 15% upside from here no matter good or bad news XJO 7300-7900.
Until unemployment turns then I have -30% after that.
Nothing surprising about this rally markets simply don't hold below -20% without unemployment turning upwards.
- Forums
- ASX - By Stock
- Indices 8/08
SP500 is still 5% from when 1970 and 1973 started recession...
-
- There are more pages in this discussion • 230 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
|
|||||
Last
8,091.9 |
Change
46.800(0.58%) |
Mkt cap ! n/a |
Open | High | Low |
8,045.1 | 8,091.9 | 8,045.1 |
Featured News
XJO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online