honesty

I will be honest and say I don’t know if it’s going to be like 1987, better or worse.

And I think most of the honest people out there who have a lot better idea than me would agree.

You can chart, research, look back, predict, extrapolate, hypothesize, theorise and think about this recent downward spin anyway you like. You really could put any spin you want on it. Some people are bold and have tried this so far. The more intelligent people on hotcopper I see are holding back from making rash judgements on what’s to come.

What we really have no idea about is what will happen.

Ever seen the butterfly affect? Subprime could be the beginning of a catastrophic break down of the world economy. This downward spin lately may be a correction of a bull market.

It really is difficult to predict what will come in the ensuing weeks and months, but all in all, it is without a doubt a time to tread carefully and be a lot more astute in our moves from here on in.