XJO 0.75% 8,193.4 s&p/asx 200

gjo201's repetitive strain injury monday, page-36

  1. 6,609 Posts.
    Hi guys, back from holiday. Must admit to being a little stunned at the market's resilience in the face of compounding negative news and hourly "Europe will implode" warnings on the mainstream media; not to mention the World Banks and IMF's sanguine advice to run to the hills screaming and waving your arms.

    Agreed Red on the CRB but a longer term indicator is count the job loss announcements and get a clue on unemployment (although unemployment can reverse sharply = it is easier to hire than fire) and, hence, the state of the economy.

    Let us also not forget that when you add Fed, State and Private debt we are just as bad as Europe. Not a positive in a credit squeeze.

    Jan for me has been a cracker but that comes when you buy in Dec and go away setting high sell orders that get filled. The hardest part of that is that you realise you make more cash when you are not captaining the ship..... hmmmm....

    Stu, I read a few of your crankers when I got to a computer. Great effort mate; well done. On one occasion I laughed so hard I spat coffee at the mother-in-law. It was a Kodak moment.... and then they went bust.

 
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