Yes, sure these stocks were up from the Oct 23 lows due to the US stock rally.
But you're missing my point. History has shown that if you held them for a long time, the returns aren't that great, especially if one had bought them at the high/peak. Read my post.
Now, these gains you've expressed here would erode once the all time high manic US market crumbles.
If I recall, I won the last debate we had over energy and coal stocks. They didn't go higher unabated. Supply didn't matter. It may in the future.
All exuberance ends.
- Forums
- ASX - General
- Its Over
Its Over, page-20159
-
- There are more pages in this discussion • 3,375 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)