Hi all,
I agree with the comments of most posters below, however I believe we're only just waking up - about 5am. Most posters are referring to the tech boom - apparently this had nothing on the resource boom of late 60's. How high did Posiedon go - penny dreadful to +$100?
How do you know it's getting near the top?
- Mums & dads who have never owned a share start buying resource stocks.
- A few "Henry Kay's" are running full page adds promoting resource stock trading seminars.
- The poor unfortunates who were conned into -ve geared investment properties (mainly in Qld), cash em in at 50% loss to invest in booming resource sector.
- Your broker tells you to sell your bank stocks & buy resources !!
-re TV shows:- "Hot Property" programs are now "Hot Resource Stocks" shows.
- Rene R does time for "salting" a gold lease.
- The "Backyard Blitz" boys are doin makeovers on outback mining leases.
- Silver takes out US$100.
I'm sure you can all think of a few more - but trust me - it's only 5am !!
Luck to all, Snoball.
ps. Havn't even started to get taxi driver tips yet.
Hi all,I agree with the comments of most posters below, however...
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