the whole stock market is a joke, page-16

Shrips
Not a personal attack.
I never understood that reasoning, to come back when the whole lot has collapsed and pick up the bargains. And what are you going to do with them. If it's a whole lot of collapsed markets on what basis will the stock add value. Companies will be folding and jobs will be lost. Some think the markets collapse but their life will go on bar the markets, not so. It will make the GFC look like a walk in the park.
Likewise with some waiting for the housing market to collapse so they can pick up a 'bargain'. I hope they're paying cash because once again without a job that bargain will look like a rip off when the next person lines up for their bargain.
I realise issues world wide need to be addressed but let's remain positive. Seems like everyone is 'willing' a total collapse just so they can say 'I told you so' lol
Our ASX is really not the issue. Remove every company and return it back to private equity. Doesn't change one iota of the rot out there. The markets is a place to spin the 'psychological roulette wheel'. Good fortune with your trading. Just an opinion and not meant to offend ;)