I just love all these posts when the market is collapsing and also the post names...some are sooo.. classic.
So ... we are in a market that lacks confidence hence the large corporates sit on cash to wait for direction. Makes sense doesn't it?
Just ponder the fact that all markets rely on CONFIDENCE.
Banking simply doesn't exist without confidence. It's a false market and always has been since Medici.
They gear at 26 to one etc why the hell would you give them any money ... Why... Because Governments support the banking system to promote growth.
Yes it really is and always has been a pack of cards that fall over often. But.. that's OK it shows that we all are intelligent beings.
The problem is that Greece and Lehmans have called us to account to test our logic....again.
Relax... it may and will go lower and lower.
Then realisation sets in and we have no alternatives but to reinvigorate what failed ...again.
Time period??? I would guess this time 3yrs because of technology.
- Forums
- ASX - By Stock
- helium's - fear of the unknown - tuesday
I just love all these posts when the market is collapsing and...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,850.7 |
Change
23.900(0.31%) |
Mkt cap ! n/a |
Open | High | Low |
7,826.8 | 7,910.2 | 7,826.8 |
Featured News
XJO (ASX) Chart |