Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Thursday, 19 October 2017

Touch too much

ASX catches a bid

"Sell everything!" came the cry.

"Get into cash and wait for better value!".

Unfortunately, the high priests of market timing might have had their holy garments pulled down a bit here. 

Wonder of wonders, the ASX has finally burst out of its tight trading range, having briefly traded above 5,900 in April and May. 

It's been stuck in a narrow band ever since. 

Until now...


Might it be time to dust of the 'XJO 6000' hats at last?

We dare to dream.