re: bhp and rio and prk were up "agreed we're in need of a correction. Although I don't speculate that it will be as violent as some are projecting. However it is overdue and interest rate rises are always a good catalyst for one..."
I agree
A correction is usually defined as a fall of 10%, and while I agree we are going to see a pullback I somehow doubt it will be a textbook correction. A drop back to 5000 wouldn't surprise me at all but one could hardly call that a correction either.
Bigger picture...this bull market has a year or two left but w/o a 300pt pullback or so at some time is only going to set us up for a painful drop down the track
re: bhp and rio and prk were up "agreed we're in need of a...
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Last
8,114.7 |
Change
22.400(0.28%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,092.3 | 8,148.7 | 8,092.3 |
| XJO (ASX) Chart |