Personally I am finding this market very difficult. Whilst that old adage of "the market is not the economy" is very worth remembering I believe the offshore big money investors dont think that and they are the ones who ultimately drive our market these days.
People I have been speaking with generally have the same thing to say "lack of investable opportunities" due to concentrated oligopolies and a poor growth outlook given debt levels and asset prices.
But, to try and live in the solution rather than in the problem I supose we can say that it is a market that suits traders who can take profit quickly. We probably all just need to ratchet down our profit expectations under that scenario.
- Forums
- ASX - By Stock
- Weekend Charting and Chat - 02 January 2015
Personally I am finding this market very difficult. Whilst that...
-
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,214.5 |
Change
-8.500(0.10%) |
Mkt cap ! n/a |
Open | High | Low |
8,223.0 | 8,228.3 | 8,200.0 |
Featured News
XJO (ASX) Chart |