Market Stumble...
I apologise by the lack of posts recently but I have been extremely busy.
But I still thought I should jump on and mention the impending stumble that should happen to the ASX today after the China and US markets took a dive last night.
Will the dive be as much here in Australia ? Probably not as I expect today's drop to be around 3-4% and it will continue to slide till it is off around 10% in the next few months. Its hard for the market to drop too much due to the amount of superannuation money being put into it.
Anyway good luck and I hope you have been waiting for this as I have. There will definitely be some buying opportunities coming up for those who waited for the inevitable drop.
Good Luck.
1 comment:
Thanks for the Blog Paul. I love reading your insights into the market and company profiles.
I have learnt a lot reading the information you provide.
Keep up the good work.
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