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37,348 Posts.

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21/12/18

22:37

Post #: 36941327
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Originally posted by Furpo2 ↑

For months now there have been people predicting the "next market crash".

Today or yesterday in the Melbourne Herald Sun their shares columnist (a chart and numbers man) said if the index went below 5500 or some such, it was a pivot point.

In the last couple of days too there was reports that the fall in oil and copper price was significant and indicated a crash.

Last week one bloke went on on the level of debt and the imminent danger.
Daily newspapers (especially Sydney) go on about falling house prices.
There are no cheap houses here in southern Vic.

It seem there are always doom and gloomers.
BUT I can't remember anyone picking the 2008 drop.

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All Ponzi Schemes run out of suckers ..... it's normal and to be expected.

One man's crisis is another man's opportunity (don't worry PC Ladies, the pain and opportunity is meant for you as well).

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