the darkest hour before the dawn..., page-35

narrowspec

Are you serious about this comment?

"However, that said, the time for real buying, and buying well for long term keeps, was definitely last year. That chance has now gone."

Unless I misunderstand you, do I need to remind you of what the market did last year?

Or are you suggesting that from Jan 2 2009, the only way is UP........and that those who did not buy last year have missed the boat?

I do believe the boat has not left the shore yet and regrettably, the boat is sinking at the wharf.

It sprung a leak and all these pollies and others are running around the boat yelling, "Who's got the chewing gum"?

Mark these words.

A depression is on the way.

Unemployment with go beyond 20 percent here in Australia.

For every job vacancy, there will be 20 or more people wanting it with armies of people simply giving up looking.

The aussie dollar is now headed sub .50 imo and house prices will fall to less than 50 percent of their value at 08.

People will be living in parks, in cars, in boxes.

Bankruptcies will skyrocket and office space will be in the 50 percent vacancy range.

Our deficit here will skyrocket and we will stay in negative growth for 5 years.

Our mining industry will collapse as China in 2010 goes into recession and coddities will weaken further.

Fuel will drop to 15 dollars a barrel.

All Ords will go to 2000 and the Dow 4000.

This is only the beginning.

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THE ABOVE IS NOT FINANCIAL ADVICE AND NOT DESIGNED TO
BAIT, TROLL, FLAME, CREATE AN ARGUMENT OR OTHERWISE CAUSE OFFENCE TO ANY PERSON WHO SO-EVER IS ENTITLED TO DISAGREE
WITH MY OPINION AS STATED IN THE ABOVE TEXT