I'm not sure if this is the best forum for this thread but time will tell. It can always be moved later.
Market bottoms and bubbles both provide opportunities to profit from the inevitable recovery or correction. The big question is, how big will a bubble grow before bursting and when will a market turn around after hitting bottom? That's where the discussion comes in.
Any sector, commodity or index (domestic or international) can be nominated as being a bubble or at the bottom. Please be sure to explain your position with some reasons so the rest of us know where you're coming from.
At the moment, I am finally starting to see signs of a turn around in the mining services industry, although this may only be temporary. There has been some consolidation in the sector after a few major players, such as Forge Group, were taken out. There is always room for resource prices to fall further, but my feeling is if they haven't found a bottom yet, it can't be too far away. Of course, that's just a gut feeling.
Market bottoms and bubbles both provide opportunities to profit from the inevitable recovery or correction. The big question is, how big will a bubble grow before bursting and when will a market turn around after hitting bottom? That's where the discussion comes in.
Any sector, commodity or index (domestic or international) can be nominated as being a bubble or at the bottom. Please be sure to explain your position with some reasons so the rest of us know where you're coming from.
At the moment, I am finally starting to see signs of a turn around in the mining services industry, although this may only be temporary. There has been some consolidation in the sector after a few major players, such as Forge Group, were taken out. There is always room for resource prices to fall further, but my feeling is if they haven't found a bottom yet, it can't be too far away. Of course, that's just a gut feeling.
