XAO 0.57% 8,754.7 all ordinaries

Yeah, anything with a high PE will most likely get smashed...

  1. 1,211 Posts.
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    Yeah, anything with a high PE will most likely get smashed (again) today.

    Any stock that is in clear down trend and that doesn't look to be bottoming or breaking out of the trend will most probably go a lot lower or become a lot "cheaper.."

    Gold is showing strength again.
 
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