XJO 0.74% 8,208.9 s&p/asx 200

wher is the spi traders, page-30

  1. 571 Posts.
    lightbulb Created with Sketch. 6
    prophet, good to see a post from you mate!

    It sounds like you're calling the start of a bear market? I'm not so sure. I'm looking for a serious correction (ie 10% maybe more) but I think in 1 to 3 year outlook there's a possibility that the planets may be alingning for something bigger (and maybe longer) than the 87 ramp. Driven by factors such as the baby boomber spending power & liquidity & m&A, technology & chinidia (globalisation) there is a chance we could be in the midst of the biggest bull market ever - a roaring 20s repeat.

    Have you ever read any of Harry.S.Dent's stuff?

    I'm not a convert to this senario, I'm just acknowledging it as a possibility. I've basically been a bear since September last year but I'm trying to be open minded.

    Would like to know your thoughts re the medium to long term outlook.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.