Ann: Ceasing to be a substantial shareholder from WAX, page-9

• imo when the dow correction is over, it could increase by 50% to around 25,000!
  
  good time to buy wax for a year or two!
  
  however, imo in the long term this is an asset price bubble!
  
  http://news.forexlive.com/!/more-on...alert-on-international-stock-markets-20150902
  
  Morgan Stanley has issued a "full house" buy alert on international stock markets
  
  First time since early 2009
• MS says all five of its market-timing signals are now flashing a buy signal
• Says selling-fever is close to capitulation
• MS add this is a rare event
• Should lead to a V-shaped recovery
• Looking for a 23% gain over the next 12 months

Graham Secker, head European equity strategist:

• Recent sell off driven by emotion
• Not by the underlying outlook for the world economy

"Equities remain very cheap relative to government bonds and there remains a lot of liquidity around that is looking for a home"
Secker does point out, though (bolding mine):
"Our indicator is not the Holy Grail of investing. We think that on the balance of probabilities, the risk-reward ratio looks pretty good right now, but it is not a very good week-to-week timing signal"
japan: