don't get suckered - pain 2 come bears r out

  1. 12,777 Posts.
    lightbulb Created with Sketch. 1386
    Generally what happens in a bear market

    short reprieve - followed by long term downwards

    that's whats happening today

    the major players are all going short

    mum and dad investors will be dragged down, as whar always happens in the market


    the only underlying issue is the direction of AUD$

    I would be sitting on the sidelines know, waiting for the 1000 point correction by the AMEX to happen

    It is not a matter of if, but when this will occur

    be cautious, be very cautious out there

    the above views should not be taken as investment advice


    I believe it will go back to at least parity
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.