Haha
Bears, is is a dead cat bounce, is it bear rally, what is it , we dont know..
Reality is, what ever it is, very few of you will have taken full advantage of it!
My guess you will need an index of about 4200 sometime about August for most of you to realise you have all missed the boat and even then you will be making all sorts of claims about how its going to crash back to 2500 with in months..
As obviously no-one believes anyone on here who has taken this opportunity to use to its full potential, so im not going to make any claims. I have nothing to prove to anyone on here.. All I will say is I have been long with a substantial sum since November 08......no more...
Now back to the same old same old...
what is it.... well truth is noone knows, I actually reckon somewhere between a huge bear market rally and a recovery....A dead cat bounce it aint.
Recovery?? how can it be, we have not hit the mythical bear call double bottom, we are still all in denial and the global economy is one step from full implosion..
Well, A who says we will double bottom this time, Not me for one.
B- Calling for a Global implosion, inflation, money printing... ha ha, nothing new there at all, read the bible... I believe it was first called there...
Question:
Will be in a better place this time next year, Answer probably yes, probably by a fair margin..Will there be some blips- most certainly...
Conclusion..
Make your own..
Im long, and very happy...
Bought and Accruing since October / November 08
PDN, ORI, IPL, MAH, BLY, ANN, WOR, LEI, TOE, KAR, AIO, ADX, FMG,
The magic bakers dozen...
The building blocks of recovery in this fortunate country? ha ha, who knows but I think and hope so..
Bears, is is a dead cat bounce, is it bear rally, what is it , we dont know..
Reality is, what ever it is, very few of you will have taken full advantage of it!
My guess you will need an index of about 4200 sometime about August for most of you to realise you have all missed the boat and even then you will be making all sorts of claims about how its going to crash back to 2500 with in months..
As obviously no-one believes anyone on here who has taken this opportunity to use to its full potential, so im not going to make any claims. I have nothing to prove to anyone on here.. All I will say is I have been long with a substantial sum since November 08......no more...
Now back to the same old same old...
what is it.... well truth is noone knows, I actually reckon somewhere between a huge bear market rally and a recovery....A dead cat bounce it aint.
Recovery?? how can it be, we have not hit the mythical bear call double bottom, we are still all in denial and the global economy is one step from full implosion..
Well, A who says we will double bottom this time, Not me for one.
B- Calling for a Global implosion, inflation, money printing... ha ha, nothing new there at all, read the bible... I believe it was first called there...
Question:
Will be in a better place this time next year, Answer probably yes, probably by a fair margin..Will there be some blips- most certainly...
Conclusion..
Make your own..
Im long, and very happy...
Bought and Accruing since October / November 08
PDN, ORI, IPL, MAH, BLY, ANN, WOR, LEI, TOE, KAR, AIO, ADX, FMG,
The magic bakers dozen...
The building blocks of recovery in this fortunate country? ha ha, who knows but I think and hope so..