Hypo,
I doubt caylus got his king gees burnt. He was expecting a rally and said it explicity; the market will not crash without a rally. And he was absolutely right about the rally. I'm now more worried than ever a black swan will wreak death to the markets.
Someone posted a link yesterday of a video of gartman saying we could rally until year end since fund managers havent made a penny this year and if they dont they will lose their jobs and if they see the rally extending they will jump on board.
On another point, I cant believe all the posters yesterday crowing about how "wrong" martis .
The same posters were calling 4500 etc but we went to 3900's How wrong were they??
wayward's - exaggeratiom of emotion friday, page-71
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Last
8,073.5 |
Change
-18.400(0.23%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,091.8 | 8,091.8 | 8,041.3 |
| XJO (ASX) Chart |