Australian (ASX) Stock Market Forum

Yearly XAO Prediction Thread

It seems to me We might be going a little OFF COURSE

I may be misunderstanding your assessment El-Capitaan? If so, my apologies.

However, what was your prediction .... 9000 ??

If so, I am curious .... who is off course? :oops:

Personally, I am backing my "Devil" over your "Optimist" if the above is correct.;)

Discl. ..... More than happy to be wrong btw :(
 
back into @Knobby22 territory ... a few fairly good days and XAO closed at 7231.

"A lot can go wrong", like Israel/Gaza horrors, but somehow the nuance of rate rises pushed back and even 2024 cash possibly lower was enough.

Up until now, the Fed has been unrelentingly hawkish, but all of a sudden, they’ve changed the tune. It may be sensitivity to what’s happening in the Middle East, or it may be just because they’re looking at the tightening in financial conditions.”
trot canter gallop
 
A lot more can still go wrong. 😁
It can but the market's thus far held up despite an actual war breaking out.

That looks more positive than it falling because someone missed the bus, stubbed their toe or some other trivial matter.

I'm thinking perhaps a rally from here, a bounce not a major bottom.

Just my thoughts, I could well be wrong. :2twocents
 
I think you maybe forgetting " The Xmas Rally"
She is Almost as Reliable as the Fremantle Doctor coming in ~ 2.00pm in the Afternoons
Doldrums.jpg
 
Ahoy Brave and Loyal Crew

What do you think you are doing
We are Well Off Course NB: Our Purple planned course
If we don't get our act together very soon all will be lost and believe me
Heads will roll

XAO d.png

Steak dinner is on order for tonight

Salute and Bon Appetit
Captain Chaza (2).jpg
 
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