What absolute cr*p mate! I was around in 87 in the markets .. its was a crash waiting to happen after years of irrational exuberance and a rocketing market. have another look at your chart .. what has the DOW done since 2001 ..that's 4 years and its been going sideways. No irrational exuberance there mate. I reckon we would have to see 1-2 years of a surging DOW to well beyond 12,000 to be anything like as overbought as 87.
Yes a major currency revaluation on the back of China's emerging dominance and the US deficit could bring the DOW to the point of a major correction ... but not the fact that it may go beyond 11,000 next week!!
H
What absolute cr*p mate! I was around in 87 in the markets .....
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Last
$6.43 |
Change
0.000(0.00%) |
Mkt cap ! $4.318B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.48 | $6.40 | $3.211M | 499.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8310 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.44 | 8699 | 7 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |