I think pretty much everything is overbought and vertical. Stocks, base metals, precious metals, oil.......did I miss anything? Oh, bonds crumbling vertical soon.
How can any sane person expect nothing less than a good ol' 200-300 point reversal?
And we are crazy since we think the market can't go up 3% every week???
A *normal* market returns around 9% p.a., think about it.
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Last
8,233.5 |
Change
-32.700(0.40%) |
Mkt cap ! n/a |
Open | High | Low |
8,266.2 | 8,266.2 | 8,229.7 |
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Michael Thurn, CEO & MD
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