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rabbitoh

27,487 Posts.

194

21/12/18

22:26

Post #: 36941257
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Originally posted by Furpo2 ↑

For months now there have been people predicting the "next market crash".

Today or yesterday in the Melbourne Herald Sun their shares columnist (a chart and numbers man) said if the index went below 5500 or some such, it was a pivot point.

In the last couple of days too there was reports that the fall in oil and copper price was significant and indicated a crash.

Last week one bloke went on on the level of debt and the imminent danger.
Daily newspapers (especially Sydney) go on about falling house prices.
There are no cheap houses here in southern Vic.

It seem there are always doom and gloomers.
BUT I can't remember anyone picking the 2008 drop.

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A poster named "martis" warned us all re 2008, the rounded top as he called it..
Not sure why he is suspended and has not posted for over 12 months..
https://hotcopper.com.au/members/martis.2624/
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