daytrading may 21 pre-market, page-10

  1. 15,149 Posts.
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    The way the markets are moving atm seems rediculous to me imo.

    It looks like a group of kids trying to run some of these countries imo. Arn't these meant to be educated world leaders? Lol While they play games with their countries finances world markets tumble mainly based on fear!

    I agree there is plenty of good news around but the herd seems to just follow especially in Aus! I love how the asx seems to try and predict the moves of world markets before anything happens and sells down hard the asx! Why? Its incredible??

    The major funds in the Aussie market seem to try and be to smart for their own good! When in reality we have one of the best finances in the world! I think some of them need a wake up call!

    Is Greece that big a problem? Does it really affect a iron ore producer in the Pilbra with long term supply contracts? Sure it may have other implications to countries in Europe but I think we all know how it will play out, they will find a solution and markets will rally until the lazy people over there kick up a stink and bring the whole thing up again!

    We could save everyone a lot of heartache and ignore the hype and while the market was due for a little correction, dont overreact and look at all the positives around and keep moving forward!

    It seems everyone is simply now paying for some in Europes luxury lifestyle and ciestas over the years and it has finally caught up with them!
 
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