"that was the famous catch cry of 2008 that no one saw it coming.
I have also said bulls will never see it coming because that's called wearing blinkers.
BUT history can see it coming ...... market crash"
I second and fully endorse this comment.
Our esteemed friend is speaking from first-hand experience.
He was himself one such a "blinkered" bull in 2007 (leading up to the GFC), and now wishes to warn others.
If there is one thing I know about our friend it is his integrity, honesty and consistency, as amply illustrated below:
XJO - Bear Posts only (Factors which might cause the markets to fall), page-17331
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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,285.2 | 8,224.0 |
| XJO (ASX) Chart |