XJO 0.33% 7,804.1 s&p/asx 200

hctv's behind the laughter monday, page-44

  1. 3,251 Posts.
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    My take on the markets is this:

    - I have seen spx predictions of 1,474 top (barnsty) and as high as 1,587 (yotta).

    - But I think whether it's 1,474 or 1,587 in the end, the spx will correct to below 1,150 (probably sub 1,000), so if this happens, L/term our stocks will be lower than what they're at today.

    - It's a traders market...be patient...find the bottom and then go all in....which I think will be sometime in 2013.
 
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