re: this is not a dot.com look alike bust????/yeti Hi yeti,
What you reading is other peoples opinions.
Some are bearish, the majority are Bullish.
Currently, Bulls are supported by fundamentals & Bears are supported by irrational thought processes.
Panic has besetted the weak minded, the strong are buying.
Why hold cash when Shares offer such attractive yields???
There is no collapse, merely a correction in a long term uptrend.
Most people selling today will buy back next week on Monday.
It's the start of a new quarter & funds will be buying up.
We are seeing End of Quarter profit taking.
The 1st Quarter ends tommorow.
The 2nd Quarter of 2005 will see new time highs again in many Resource Stocks & the rest of the market will continue to do well.
I have been following the shorters list provided by the ASX, & for those unaware it is found here;
http://www.asx.com.au/data/shortsell.txt
Short postions have increased substainially over the last few days.
They will have to buy back & you will be one of them.
When the next bounce starts with the ASX it will break all time high prices & fundamentals will support those prices.
The Financial market of the world can support new all time highs.
Stray Comets, natural disasters & World Wars are out of my Jurisdiction.
Take profits soon Yeti because they will dissappear as quickly as they appeared.
trust me.
Cheers.
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