at this rate, 3c is a profit for me and I'd be happy to have it in the bank should I be made redundant.
again, those saying the market is near-bottom are clearly not following the news. Australia, America, the UK - basically all of the 'western' world, are at the beginning of the curve. we are going to see far more people SICK (first and foremost), unemployed, broke, even homeless - before we reach the bottom. America is going to be hit HARD.
this is no little 'market reset' or any other daft suggestion. we are heading for a GFC, if not full blown depression. most major economies are ALREADY working on, if not delivering, stimulus packages just to keep the doors opened.
I'm not trying to scaremonger, I'm asking people to take a longer term view of this. this isn't some silly market quirk which will reset in no time. this is people dying, people becoming unemployed, businesses closing. every major economy in the world is about to go backwards. that is now unavoidable.
strap in. again, at least we have the flickering glimmer of hope that oil might be down that hole. maybe a good news story will get a flood of investment and we might pop hard. if so, though, get those sell orders in quick because it will crash after some profit-taking.
all imo. sorry to sound like 'one of those', but people on here need to take it seriously. this isn't me selling an agenda. I'm invested here too and hoping for the best. but I'm also being realistic.
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