re: 2000, 80% of people lost 50% of their $. The futures strength lies in commodity prices and thus the 2% plus rise in BHP and RIO off shore. The local strength will come from resources and maybe financials. The volatility is very high right now and ig suggests a 28pt rise.
A tree can't grow to the sky and valuations are extremely stretched in sectors like retail and other floundering growth areas like healthcare.
We'll see.
panicking wallies, page-97
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Last
8,131.8 |
Change
-32.800(0.40%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,164.6 | 8,165.1 | 8,113.4 |
| XJO (ASX) Chart |