XJO 0.88% 7,959.3 s&p/asx 200

was the bail out package withdrawn, page-27

  1. 45 Posts.
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    Hi Volt

    I have great respect for your views (am a paid subscriber to the below pundits and believe you have a better handle on it than most) but whilst the 'odds' are probably in favour of a low being found in the next couple of days as yourself Mclaren and BCA(different perspective but advising to increase exposure to US stocks) believe...but if others like Laundry, McHugh, Mahendra and even the great 'Hedgey' are correct we have lower lows to come. This is what scares us all as I am sure in 1929 people kept calling the bottom..
    Even today the spi finished at a massive premium, people are sill talking of decoupling, China saving us all etc...sure doesn't feel like a "real" bottom yet. I am short and have been in the US for the best part of a month and I seem to be more scared about what may be around the corner than many on his site..surely that's not supportive of a bottom.
    Only my two cents worth and I hope you are correct because if you are not the future doesn't look great.
 
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