LOL ewl...you not being sarcastic are you ? LOL :))) no worries....
I will not tip stocks out as in a scenario of a much larger dip on the global markets and consequently reaction to a recession every stock will go down together.....
As I state here over and over again.....I will be completely out of the market equities by the end of this year not matter what stock...even my beloved BHP....
It's inevitable that we will get new reset defaults from the subs and I do not want to gamble if it will be mild or larger....if it's larger mate....get ready....
There are several banks in US threading in a very thin line....in OZ land there is one that I think of but not in the big 4....
I will be probably in treasury bonds and on my physical gold for Xmas.....
Atm I believe we should stick with resources and take advantage of it and make money..... look at COAL and IRON ORE deals....mate....follow the money....
If you are following the financials atm you are really looking for a imaginary bottom....and we never will know where this one will be.....
Lately so much scam are coming from the woods....ANZ for example.....gosh.....can you trust any financials now ? LOL I can't..... at least, we still have sectors that will go on for decades even in a recession - eg ? WOW BHP etc etc etc..... But financials.....they could go anytime mate anytime....
