Australian (ASX) Stock Market Forum

Reply to thread

At least some level of mainstream awareness of the decline and reporting on it at a minimum.


Plus some "end of the world" type thinking and actions. Central banks at least acknowledging the stock market decline would be one but preferably at least pausing rates if not outright cutting.


Investors visibly throwing in the towel with some sharp "just get me out" declines would be another.


Another is the old "It's time in the market, not timing the market....". When that statement looks to be correct then the next thing to look for is a top. When it can be shown to be incorrect we're nearer a bottom.


No measure is perfect in itself but I'm really not seeing any of them yet although, in terms of timing, I do think we could be getting fairly close.


A trigger event for a sharp plunge is another possibility. The market's ripe for one in my view, just needs a good enough excuse to come along.


Regarding that latter point and possibilities - anything involving oil, gas and Russia and its allies and/or the war with Ukraine are the most obvious but not the only ones. If Joe Biden drops dead, and given age that's at least plausible, that could well be enough if some chaos follows. :2twocents


Top