this is 1929 repeating, page-24

Are there we have it... thanks Ken...

OK the reason is, is that this point up to now is very very similar to the lead up to 1929 and as you can see from my posts I believe a retracement on the Dow to 7300 area is highly likley and possibly breaching 6,000.

We are in a different market to the 1920's and 30's in that we have a base level of investment of superannuation and FUM which are not liquid therefore there is "some base level" to which the market can drop.

I will not sell the shares because my personal strategy is to buy <10xPE's (+ good dividends) accumulate and add as the market falls averaging out the investment.

Yes, I am forecasting the market to fall... but there is a chance I may be wrong... and it may turn or flat-line... but it doesn't look that way does it?

To try and predict the markets is like tossing the coin... the law of proability and research would indicate if I threw the coin up 10 times, it will come down 5 times on tails and 5 times on heads...

But on the rare occasion the coin ends up on Tails 10X in a row.