Corrections, charts & confusion

Founder and Publisher of the Switzer Report
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I thought I needed to show you the five-year story of what has happened to our beloved, yet underperforming, S&P/ASX 200 index, to explain the topic I’m preoccupied with at the moment. We’ve had a nice run up lately (see the little kick up on the extreme right hand side of the above chart). Since 2010, we’ve made some progress but, at 5582, we’re still a long way from our all-time high of 6828.70.

This is a huge issue because it determines how you play this market and it gets down to a simple question: “Should we forget about correction concerns?”