Quick Take on the Current Market

February 6, 2018
by Rob Zdravevski

My quick take on the market action and decline over the past few days is;


  • it’s a Knee-Jerk reaction
  • it’s a classic “shake-down” on the newcomers to the market
  • Does not signal a reversal in price trends
  • it’s a reversion to the mean for many stocks
  • Some stocks have moved 3 standard deviations below their “rolling” mean
  • that some stocks are also oversold
  • that I plan to add to some positions
  • and Aussie Banks and BHP are not amongst the cheap ones yet.


“Keep your head, while are other losing theirs”