XJO 0.70% 8,269.8 s&p/asx 200

2010 the biggest bubble of them all?, page-25

  1. 3,648 Posts.
    My rant: The DOW will probably languish for a while (no idea how long, possibly until at least the end of the February) and then come back slowly. It the "flush" created by the funds - buy low, wait for good profits, sell and then just to help things along short, then wait for the lows again and start the cycle again! The "genius" part is to wait for the right moment to strike - something they are good at apparently - and all along hold your cards close and deny everything.

    As to the Dec sales figures - what a croc. The RBA raised IR twice then the media scares ppl into thinking another rise in February, so what do ppl do? They don't spend up and sales figures drop - then the media jumps on the band-wagon with doom and gloom! Will be interesting to see what figures are for February, now that the RBA did not raise IR!

    In any case, these will be testing times, but GFC part 2? We will see...
 
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