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Just getting a feel for peoples sentiment to the share market - are you bullish or bearish about the future?
Sentiment - are you bullish or bearish?
- Thread starter Uncle Festivus
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Reading, watching, listening and my abdominal feel this is a dead cat bouncing along. The jobs numbers, domestic growth and sales indicate other than what the market is doing now. The market in the past 16 months has not always responded accordingly to factual information. A complete over shoot of Wells Fargo, do you count savings as profit? Profit on what? How did they present their debt? After the last lot of 'cooked books' we haven't seen the end.
I believe we will turn down again and eventually go lower than the previous one we are not at the bottom. Stocker brokers, Financial advisers, Super Funds have to make fees somewhere and selling this europhic moment to desperate clients on nothing but a flimsy 'could, should, maybe, perhaps, history, therefore' will come to roost. People have stopped asking pertaining questions - so much nicer to be a mushroom.
I believe we will turn down again and eventually go lower than the previous one we are not at the bottom. Stocker brokers, Financial advisers, Super Funds have to make fees somewhere and selling this europhic moment to desperate clients on nothing but a flimsy 'could, should, maybe, perhaps, history, therefore' will come to roost. People have stopped asking pertaining questions - so much nicer to be a mushroom.
Logique
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Cautiously bullish now, but not expecting a straight line recovery. The US results season will tell the tale.
CanOz
Home runs feel good, but base hits pay bills!
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We WILL make another low, its only when not IF.
In then meantime if the price action gives more long signals or patterns then trade that, i try to keep a few shorts loaded up in order to balance things out and be into profit again on the turn, but otherwise i am all long now.
CanOz
In then meantime if the price action gives more long signals or patterns then trade that, i try to keep a few shorts loaded up in order to balance things out and be into profit again on the turn, but otherwise i am all long now.
CanOz
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Im starting to see afew stocks flirting or rising above 200 day ma..
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Look what happened to the freeking Dow last night !
I just cannot work this out, I'd love to think we're ok now go back in but I just don't know and thats it.
I just cannot work this out, I'd love to think we're ok now go back in but I just don't know and thats it.
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Well I'm buillish!
But I guess I'm looking 3 to 5 years out not 3 to 5 days out.
Best of luck
G
But I guess I'm looking 3 to 5 years out not 3 to 5 days out.
Best of luck
G
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Ok but would you go in now ??????? there doesnt seem to be any rush.
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I'm no expert, I don't speculate. I don't try to pick the bottom or listen to others who try. I am 100% fully invested and continue to average down every fortnight. Those who buy at or near the bottom will be rewarded in the long term.
Just my
Best
G
Just my
Best
G
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Cautiously bearish at the moment.
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It is just a change of attitude - simple. If that's what you want
I take it you believe everything you read here?
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A cross section of everything and the message is dont buy yet.
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Spot on Burnsie - or do it with great caution
CanOz
Home runs feel good, but base hits pay bills!
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Well said. I selected bearish, but i continue to trade the bullish setups as they appear.
CanOz
First post here, in order to balance the bearish sentiment prevailing around here, let me put a case for the bulls...
The market seems to be currently dominated by sentiment, just look at the strong coupling between the markets around the world. Fundamentals have taken a back seat to the classic fear versus greed balancing act.
The question is what could possibly happen in the future to spook the markets more than the spectre of total collapse of the world banking system. We have just witnessed what the fear of that can do. I can't imagine any event, that would frighten investors more than that has done already.
So, unless a major war breaks out somewhere, or some other global crisis intervenes, I think we have seen the worst of it already.
Optimal timing to get back in the market has probably passed already.
Is that bullish enough?.
Ray
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Agreed!!
Finally!!
The smart money has been accumulating for some time now at least for those who have a time frame of years not minutes.
Best
G
Finally!!
The smart money has been accumulating for some time now at least for those who have a time frame of years not minutes.
Best
G
Doesn't have to take a total collapse to drive down the market. The simple "lower earnings, lower price" will do.
It's amazing how often people say they are in for the long term, yet they get excited by short term price movements.
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Agreed!!
Finally!!
The smart money has been accumulating for some time now at least for those who have a time frame of years not minutes.
Best
G
Who's 'the smart money'?? and how do you know??
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