Nick,What's going on?Legend status in Australia usually goes...

  1. 473 Posts.
    Nick,

    What's going on?

    Legend status in Australia usually goes hand in hand with a good dose of humility.

    As for your calls, I still think the verdict has not come in yet.

    Gold at a lot higher than present.
    Dow a lot lower than present.
    Coming off the greatest bull market we have ever had, calls that certain stocks on high PE's were going to re rate down is not a great mental stretch.
    The Dow from 12,000 to 7,500 has not been surprising as we all know 12,000 was emotional momentum, from 7500 to sub 5000 would be the significant call.
    You could be right in long run, I don't know I'm a trader, have been for 3 years or so.
    You'll probably have a go at me for this, so be it BUT if your calls do come true and humility does evolve legend status awaits.

    Rob.
 
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