What’s the car prices in Finland doing?
In a bear markets eventually all stocks go thru deep corrections as markets find some reason or another to correct all stocks ...eg MFT is doing well and still have decent growth ahead but P/E compression and fear of recession hitting it has brought at similar p/e as TRA
Apple in US has also correcting ...when strong stocks correct ...its almost end of corrections cycle
Very soon our dear BULL will actually become bullish ....:p
Already 2 days S&P 500 closed above elusive 200DSMA ...Bull what does it mean ? More rally ahead or time to fade the rally ??
This must be the same day pigs learn to fly .... :) ;
Seriously - I can't remember a lot of bullish posts from this bear ... and this despite him posting throughout one of the longest bull runs in history (since the GFC).
Anyway, its always good to get as well somebody pointing out the risks. While he is not always right (none of us is), during bull runs do his posts help as well to get some balance into the picture.
balance? Did I say this :scared:
plenty of bullish posts by me over the yr's.
you are obviously only focused on my bearish posts on the nzx.
it is not my fault the nzx has no stocks that represent my bullishness on energy stocks and lately gold stocks
anyway the fact is most stocks who got a bump during covid due to unusal demand will revert to the mean as can be seen by many stocks on nzx
Fair enough ... I must admit that I rarely follow gold stocks ... and I assume that with energy you are mainly referring to the old carbon based energy (like oil, gas, coal)?
So, I take it - you are more of a gold - and / or carbon bull ;) ?
Agree with your reversion comment ... some stocks will revert up to the mean and others clearly revert down to the mean.
U not watching FPH mate ....up almost 35% from recent bottom ....
I am really surprised how many posts we had while it was going down ...numbers like $ 10 or so were targets but not a single one when it reversed its trajectory
Some people or most people here like sensational posts only and all have favourites ...HGH/OCA down 38%/50% from top but people still love it while FPH / MFT only negative posts ....
MFT p/e is almost same as TRA p/e ...its so compelling argument but no one notices or let others know
Not complaining but jotting down my observations how it works here