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where are we on the mining bull market clock ?, page-17

  1. 402 Posts.
    Hi all,
    I agree with the comments of most posters below, however I believe we're only just waking up - about 5am. Most posters are referring to the tech boom - apparently this had nothing on the resource boom of late 60's. How high did Posiedon go - penny dreadful to +$100?

    How do you know it's getting near the top?
    - Mums & dads who have never owned a share start buying resource stocks.
    - A few "Henry Kay's" are running full page adds promoting resource stock trading seminars.
    - The poor unfortunates who were conned into -ve geared investment properties (mainly in Qld), cash em in at 50% loss to invest in booming resource sector.
    - Your broker tells you to sell your bank stocks & buy resources !!
    -re TV shows:- "Hot Property" programs are now "Hot Resource Stocks" shows.
    - Rene R does time for "salting" a gold lease.
    - The "Backyard Blitz" boys are doin makeovers on outback mining leases.
    - Silver takes out US$100.

    I'm sure you can all think of a few more - but trust me - it's only 5am !!

    Luck to all, Snoball.

    ps. Havn't even started to get taxi driver tips yet.
 
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