XJO 0.22% 7,750.7 s&p/asx 200

easter spi, page-66

  1. 17,444 Posts.
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    Its funny that I keep expecting people to learn from past mistakes.

    I forget I am getting ancient and many have no knowledge of market history.

    When US war attacks have happenned, I have thought, yes, last time that caused the market to rally but surely this time everyone expects it.

    But the outcome continues the same. I guess I expect people to learn from the past when I should know better.

    It seems our market is in the euphoria mode that will ultimately see a disaster.

    I suppose I should just profit and say "tough luck" but I just marvel at the naivety of it all.

    Sad days ahead it seems for many, but there may be some time of boasting and recounting profits before the day of reckoning.

    No, I'm not sore loser. I have the bulk of assets in leveraged funds and have so far resisted the urge to redeem them.

    That will probably happen in Sep or earlier should certain criteria arise.

    Go the market but hold on to your hat.
 
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