Recovery or Dead Cat Bounce?
- Thread starter Pythagerous
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Not sure you could call that based on the graph. If you compare the percentage decline, there has only ever been one worse than the one we are in now. And so far we've bottomed about 10% worse than all but that one.
cheers
So_Cynical
The Contrarian Averager
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How so...its a chart of what has happened...not whats going to happen.
Well your correct on that statement at this time , But we may yet face the financial apocalypse
Glen48
Money can't buy Poverty
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How much will this cost the World?
http://www.hyd-masti.com/2009/03/unsold-cars-from-around-world-nissan.html
http://www.hyd-masti.com/2009/03/unsold-cars-from-around-world-nissan.html
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Nothing.
They are toxic assets - so BO will buy them all with unlimited Treasury Bills, crush 'em, and in partnership with his Indian mates recycle them into Tatamobiles.
All it takes to solve this mess is plenty of smiles and promises.
Trust me.
It's really that simple.
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I wonder how many months at current sales rate it will take to clear current stockpile of cars,
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Wysiwyg
Everyone wants money
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Glen48
Money can't buy Poverty
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It proves a lot of super money etc. has gone in to a black hole, Toyota are renting a ship to store cars. Think of the logistics looking after all those cars now there is talk of giving OZ suckers 3K to buy a new car and 0% I R.
As to the DCB I know in the 30 crash there were some wild gyrations and if we are lucky may get a few good trades as it goes down to new lows.
As to the DCB I know in the 30 crash there were some wild gyrations and if we are lucky may get a few good trades as it goes down to new lows.
http://business.smh.com.au/business/markets/next-bull-rally-has-begun-mobius-20090324-981r.html
Me, I am not so sure but then I don't have Mobius's acumen.
...
Me, I am not so sure but then I don't have Mobius's acumen.
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Hmmm
Now I'm wanting to buy a car.....
Do you have any yellow ones? Toyota?
I don't care about how in-efficient the cars are Ford can you sell me or not a yellow car?
Bloody hell just want to buy a yellow car Nissan!
No I don't want to buy a bloody white car!
Yes ... yes yes I don't care who the maker is. I've found a yellow car..
Now That one on the bottom left....... Yes.........
What ......... you're not getting it out for me?
No wonder they're not selling cars......
.
LOL - yellow... phttttt!
Seriously though - what am I looking at? OH - a few cars in open storage... and not exactly THAT many in the relative sense.
Nup - I just don't get it, unless... oh no... don't say it... the yards are 'reaching full capacity'!!!
Please! No one is denying the outlook isn't great - but these pictures are drivel... there's no dates to verify anything and it seems to me like someones pathetic attempt at scaremongering.
I could've gone to the government auction yard 3 years ago and drummed up something similar I'm sure...
At least provide some dates and comparison pics... all I see is open storage areas doing what they're designed to do - store things...
Seriously though - what am I looking at? OH - a few cars in open storage... and not exactly THAT many in the relative sense.
Nup - I just don't get it, unless... oh no... don't say it... the yards are 'reaching full capacity'!!!
Please! No one is denying the outlook isn't great - but these pictures are drivel... there's no dates to verify anything and it seems to me like someones pathetic attempt at scaremongering.
I could've gone to the government auction yard 3 years ago and drummed up something similar I'm sure...
At least provide some dates and comparison pics... all I see is open storage areas doing what they're designed to do - store things...
Driving to Geelong, from the Rign Road / West Gate you pass the car storage on the left hand of the Freeway. At the end of last year / start of this year, it was packed with unsold cars. But I know with Holden, the big sales cleared lots of the stock out. Most of the Japanese car manufacturers refuse to discount, and look what happens.
I reckon this is going to be a big insurance scam for Toyota. Put lots of cars on the ship. Fully insured. And the ship sinks. Don't have to sell those cars anymore.
with the current strength of the AUD, we r lucky not to see a price increase... Manufacturers will unlikely to sell them off at a huge discount unless new models r rolling off the production line. So all they need to do is halt production and get rid of the stocks in hand
yes, if they decided to dock their tankers off the North Sea or Bass StraitI reckon this is going to be a big insurance scam for Toyota. Put lots of cars on the ship. Fully insured. And the ship sinks. Don't have to sell those cars anymore.
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... back to the topic for a mo...
Did I just hear a *thump* and *me-e-o-o-w$%&^#*?
Did I just hear a *thump* and *me-e-o-o-w$%&^#*?
Sean K
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If it has finished, did you make the most of the bounce jeff? And are you now going to make the most of the drop? Would love to see what you're trading through this.
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Hi kennas.
I was actually ready to invest some spare loot into CBA yesterday at open but had a mind to *paws* a little while and see which direction the market was going to take post open.
I'm happy I held off and shorting ain't my game, so it's back to the tiddly-winks for now.
Good luck,
aj
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