how far would asx drop on a dow crash?, page-20

  1. 3,052 Posts.
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    The truth is noboday knows. I listen to CNBC, CNN, Bloomberg and expert after expert comes on sprouting "usually with total confidence" about future market movements. Most turn out to be wrong but are never taken to task and if the ever are just come up with some unexpected environmental factor that threw their forecast out.

    It's to the point now when I hear the majority stating one opinion I will literally take the opposite. Point in fact, the majority were saying end of December to get out of the markest and sit on cash. Five weeks later we've seen one of the best Januarys in memory and those in cash have to decide to get back in at hogher levels or keeping waiting for next big downturn.
 
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