Economists call bottom on GFC

[Ageo]

Ever notice that alot of these economists who make stupid calls all work for some form of financial institution. If they sad things will get worse then their companies loose money so it would be wise to say (yep recovery by mid yr).

Personally i think we are no where near the bottom, if people are still talking about buying etc.. that means we havent been hit hard enough. I believe the recovery is when people are talking about surviving weak to weak and not about which celebrity got caught with no undies.......

I hope im wrong thow

 

[Glen48]

Agree strange how they can keep their high paying jobs when the Banks etc could tap into ASF and get the good oil even on RE about to go down.

 

[psychic]

Yep, there ain't no bottom just yet, as clearly stated the next leg down started in the U.S. on Friday night and followed through to our market today. Its a slippery slope down from here. Remember ist U.S. reporting season next week and it will be ugly. Shorts on for me and looking for a new lower bottom in coming weeks

 

[Aussiejeff]

Yep, there ain't no bottom just yet, as clearly stated the next leg down started in the U.S. on Friday night and followed through to our market today. Its a slippery slope down from here. Remember ist U.S. reporting season next week and it will be ugly. Shorts on for me and looking for a new lower bottom in coming weeks

Ewww!

A sagging bum is no pretty sight, man.

Ever considered plastique?

 

[Trevor_S]

Charlie Aitken on Alan Kohlers Eureka newsletter said steel in undervalued so I just bought Blue Scope steel, Charlie hasn't been right much so he's about due.

Do people do that much, buy on the recommendations of others ie newsletters etc, I can't say I have ever, so I am curious if it's endemic.

This is not to say I haven't coincidentally bought something some newsletter somewhere suggested

 

[MrBurns]

Do people do that much, buy on the recommendations of others ie newsletters etc, I can't say I have ever, so I am curious if it's endemic.

This is not to say I haven't coincidentally bought something some newsletter somewhere suggested

Charlie's very consistant, down $550 today , makes you wonder how they make a living being wrong all the time.

 

[cutz]

Shorts on for me and looking for a new lower bottom in coming weeks

G'Day,

If you don't mind me asking what are you shorting and which broker are you using. If you are shorting aussie stocks are you have much luck with availablity?

Thanks in advance.