Or the brokers say we are buying at these levels but they don't tell you which stocks they are buying , another thing I heard a lot recently is I'm buying for the long term. One guy this morning on CNBC said he is buying Chinese stocks on a 10 to 25 year time horizon. Good luck to him. And yesterday they we doing the lower oil price is good for the world spiel. It helps China , helps the US consumer, helps India and of course is great for Australia. They must have all got the same cheat sheet. Ouvre le chien. They forget to mention how the world is leveraged to a higher oil price. Debt stricken countries and companies who need a stronger oil price to maintain a budget& pay government bills and for companies to pay interest & repayments on debts and then to pretend to shareholders they'll have enough to pay a dividend.
