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Never said 15 years was my total experience just 15 years...

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Katoom

4,600 Posts.

26/07/15

15:49

Post #: 15695561
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Originally posted by Gillysrooms ↑

Kat, you have only seen 15 years of Asx stocks whereas I have seen 40 years of results. The ASX indices are the best example of how the ASX fakes the increase in values of stocks because I would bet that 50% if not more of the stock's once in the top 200 have gone bust or been taken over by foreign companies not listed on asx and been taken out of the indices and replaced by privatised govt stocks like Qantas, cba, Telstra etc. Mainly other top stocks example Dunlop grew only by takeover until now it's a shadow if it's former self in melt down BONDS brands. Myers today was not the old Myers and it sinking too. How many other old names have come and gone and come back again in name only or as franchises Clark Rubber once a great name went bust now back as franchises. 15 years of experience is not enough Kat.

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Never said 15 years was my total experience just 15 years watching ASX been trading investing for nearly 30 years most of which US, Euro and TSX

Kat

NEA Price at posting: 50.0¢ Sentiment: None Disclosure: Not Held
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