XJO 0.79% 7,926.7 s&p/asx 200

Hard to deny that some stocks are close to serious buys.Many are...

  1. 17,444 Posts.
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    Hard to deny that some stocks are close to serious buys.

    Many are close to 50% down and those chances don't happen every day. In fact they tend to happen about twice a decade on average.

    They may fall 90% but if you believe that capitalism will continue then put your money where your mouth is.

    Especially those that proclaimed late last year that fundamentals meant 7,000+ was due at year end and much more to come.

    Some share price action is just too precipitous to continue for much longer IMO.

    I have my March dates I would love to see and sure this may be a 1930 or 1974 deja vu, but I suspect those who saw the top are now lightening up if not buying.

    Here am I arguing against my best dates but things are stretched IMO.
 
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