XAO 0.14% 8,013.8 all ordinaries

Critical period currently volatility with the market struggling...

  1. 101 Posts.
    Critical period currently volatility with the market struggling violently attempting to decide which way to go

    numerous attempts to bottom out have seen a rotation of sectors with money flooding in then out

    I am doubtful with the US and China looking weaker everyday whether we can start to recover just yet

    I think the market as a whole maY yet test new lows my suggestion is stick to those stocks that have demonstrated that they just wont buckle ...

    most stocks have been in a downtrend for months banks stocks which are usually the bluest of blue chips are half what they were 9 months ago and now the resource stocks our dual economy saviours are being thumped

    THis recession labour has given us is going to be a ripper buckle up.

    Any suggestions on stocks that havent gone down at all in the last 9 months ?

    my suggestion is BKN which took a huge hit december then spent all this year recovering

    TFC appears to be going from strength to strength as well


    any others ?

 
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