1987 was an example of sharemarket euphoria. This is mild to Luke warm interest by comparison. Everybody thinks the sharemarket is overvalued but in 87 we all thought it still had legs. And then it crashed.
1987 was an example of sharemarket euphoria. This is mild to Luke warm interest by comparison. Everybody thinks the sharemarket is overvalued but in 87 we all thought it still had legs. And then it crashed.
Still currently no end in sight of money looking to trade low bank rates for higher returns out there ..
so probably still legs on for further advances.. a few good major company results
coming in may be just enough for the next lifts upwards.. IMO
Triggers out there leading to any major retreat may well be promptly extinguished
by further artificial stimulus globally thrown at any small fires globally
Global Govts have enough crisis' on their hands and have demonstrated willingness
to pour vast bucket full's on perceived problems .. our own included
While that's going on, none would appear to want a financial markets meltdown
or largescale retreat & further carnage thrown in the mix to have to deal with
If you like - keep massaging the markets to ensure all well with no major turning turtle ..
Last edited by nztx; 25-02-2021 at 08:29 AM.
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the million dollar question , very few people ever pick the top and every time is for different reasons. so i will refrain from guessing
It wont be for lack of dough out there .. maybe rapid outflows & influxes between certain sectors ?
Heck .. in current times we have TSLA make a billion on B$ .. then Elon loses $20 bills the next day in a dip
and the market doesn't blink & instead TSLA recovers previously lost overnight ground .. - how resilient is that ?
Last edited by nztx; 25-02-2021 at 09:09 AM.
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theres a 100% probability of a crash based on all known history. but they say this times different i keep hearing
There is always going to be a crash. That bit is easy to predict. It is the timing which is the issue. This year ,next year or 5 years time. The low interest rates make most shares look good.
There is always going to be a crash. That bit is easy to predict. It is the timing which is the issue. This year ,next year or 5 years time. The low interest rates make most shares look good.
I don't disagree there .. what goes up may / often does come down .. so it's the all important happy entry points
and convenient timely exit points that count .. and just so long as one wins considerably more than
they lose ..
Last edited by nztx; 25-02-2021 at 12:02 PM.
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Originally Posted by Brain
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