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ASX 200 prediction

Discussion in 'ASX Stock Chat' started by beemer, Jul 8, 2018.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. Darc Knight

    Darc Knight Investor not Trader

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    These 1.5% swings gotta be opportunity for some smart souls to make a bundle you'd think.

    'S&P and Dow down again. Anyone betting on ASX?
     
  2. Nortorious

    Nortorious

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    I'm seeing a lot of $$$ head into Gold mining stocks which makes me think a drop is imminent (within a week or two).

    My rationale is the market drops, investors rush to Gold, increasing demand and pushing the price up. As a result, gold miners become more profitable with the precious metal now being worth much more and the share price increases as a result of that knowledge.

    Given the smart money appears to have shifted to Gold miners already, I feel it is a matter of time before we get a larger drop.

    Whilst I never want the ASX200 to be heading downwards (a buoyant market is much more fun to talk about with others), I think it will be shifting down towards the 5407 level in the coming days and then to towards 5185.

    Longer term (this year), we go below 5000.
     
    Darc Knight likes this.
  3. BlindSquirrel

    BlindSquirrel

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    upload_2019-10-24_16-21-57.png
    this next couple of months or so should be interesting!
     
    Smurf1976 likes this.
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