So, am just curious, and would like to hear thoughts on the subject.
Seems the market is in a tailspin.. I personally can't see how that will change. It seems there was too much growth all at once with the mining boom and now is the lull.. Like the world injested extacy and now is on the comedown.. So..where to from here..
I have had some great discussions with some people on these threads smarter than me who have amazing insight into the world at large. (Probably cause they are privy to conversations that are out of my scope).. So I figure I'd throw it out there..
How and when does the market pick back up.. Oil is down, iron ore is down, Bradken is down, (but looking like it may be a sooner rather than later turn around)..
It seems companies go through exciting times and good announcements that 12 months ago would send their sp up 25%.. But now people are takeing profits at 5, draining momentumn out of the rise.. And sending sp back to pre announcement levels..
On the upside, Bradken hasn't realy moved that much. Up to 45 down to 41c.. (And ranging between those 2 points) When the greater market has dropped round 10% and stayed there..
So what needs to change to bring the money back to the market? And when will that happen??
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