Bulls refer to falls as dips, buying opportunities, when does a dip become a slope? Like anything you hold you must have an exit strategy.
In 2004, i returned from a 12 month world travelling expedition as an ultra bull, the dominant stallion amongst bulls, i was singing from the rooftops about how cheap our property was. I went cold on the market around 2008 after the spectacular gains of that 4 year period. Unsustainable gains. Then we had a false recession and the emergency rate cuts fuelled some crazy speculation for another 2 year period. I'm not sold that these prices can hold.
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Dr. Hartley Atkinson, MD
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