Australian (ASX) Stock Market Forum

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I hope you are right. While I don't follow the US market apart from a morning summary of the major indicies (and I don't trade small caps unless I've had too much to drink - and at my age that's something I try to avoid these days!), that parabolic curve suggests to me that price could be rolling over and more falls are ahead. All markets are at all-time highs and while I feel some (like the XAO) may return to their all-time highs in the next few weeks, I can't see sustained new all-time highs - so I am really cautious about potential 'sucker rallies'. However, as traders, while the sun is shining need to see what we can ring out of the currently rising prices (while constantly looking overo ur shoulder).


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