XJO 0.10% 8,214.5 s&p/asx 200

dgoranssons - herd management thursday, page-130

  1. 1,311 Posts.
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    Picses,

    exactly, the correction in commodities might have only just started. And the US hasnt really been smashed up like europe or our market. If those two head south and europe doesnt get its act together, then we are in deep trouble I think.

    Like Funky, I have just followed the downward slope of the chart and kept out. The simplest investing strategy of all. Trend is down, keep away.

    If blokes like paulson can lose their shirt in this market then what hope do we, the great unwashed, have?

    I wonder if paladin will survive this: heavy borrowings, losing money, (not sure of their cash position though) Could they become the oz minerals of GFC2?

    Lynas at 85c will look tempting.
 
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