As the sharemarket is a forecaster and not a lagger, I would consider this not to be a bear rally. Why should Americans be pessimistic anymore? It now costs only $30 to fill up a tank instead of $60. Their home loans have fallen and house prices are much cheaper. Those young couple who were kept out of a home now have real hope to owning their dream home.
The market surprises at the wrong times and usually against media news. It turns down during the hardest of bull runs leaving most stunned and frozen with disbelief. The opposite may well be occurring. Just remember that there always be a pullback.
As the sharemarket is a forecaster and not a lagger, I would...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.88 |
Change
0.010(0.17%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.81 | $5.89 | $5.79 | $977.0K | 166.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1755 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 2358 | 18 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
