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8,013.4 s&p/asx 200

These targets might be reached because of the same problem that...

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24/07/24

06:55

Post #: 74884023
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Originally posted by Jrowl1: ↑

With the Russel increasing 11% over 8 days being repeated by people saying it is market dysfunction, Dave Hunter expected all this and not a surprise to him, has a target of 34,000 for the Russel. Sven Henrich had a target of 9000 for the S&P and has turned a little bearish now after last week.

The crack up boom has to continue because Western Central Bank *ahem* tightening is illusionary, there is no credible plan to control spending, in Australia it appears Labor wants to run the economy by making everyone fat and sick to go on the NDIS system and that is the engine of growth for the economy excluding mineral exports and overrunning the country with migrants. It's all really bad, people should hold gold rather than aud.

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These targets might be reached because of the same problem that caused this chart to explode and therefore the value of that currency has plummeted... hyper inflation anyone? Let's continue to print those dollars and see what happens next.

XJO Value at posting: 7,971.1
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