Australian (ASX) Stock Market Forum

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You all know I am more a permabear but I did compare historic XAo (and approximate before 1950 to population growth since the 50s:

[ATTACH=full]101486[/ATTACH]

I see a reasonable level for xao around 5500 so we are probably now undervalued.Yes..I say that :)

This does NOT mean the market will not go lower but it means it makes sense IMHO to start reinvesting for those who went out before that crash.Obviously taking the actual virus into consideration..Virgin might be a good price but .....


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