Hi all just wondering if could could get some thoughts from you on the current state of the ASX, and the world economy.
I am finding it hard to come to grips with the last 6months of movement, and am wondering if we are yet again in dangerous teritory.
We all no how the recent economic crisis and it effects on the market, and I think we would all agree until late 2007 we were in a Bull market, even the riskiest of investments could do no wrong.
Now after such a short time, but a horrible bear market, it seems we are again in a bull market, 40-45% gain in the last 6 months. Is the writting on the wall here? are we headed for another meltdown of the ASX in the short term, or just a stablising market?
Myself, looking at the big picture around the world, feel that we maybe headed for another large fall...
I would love to hear everyones thoughts of this bullbearbull market.