you know somethings seriously wrong when, page-7

Its like the old adage, sell on strength buy on weakness. Guys who are looking to get out took advantage of others who were so optimistic after the rate rise. People who panic on good news will lose as much money as people who panic on bad news.

Its a sea of red today on the ASX and you gotta ask yourself why?? WHY?? Where is WARNIE when you need an optimist in a bear market.

There is weakness. WEAKNESS in the market, and no amount of propping is going to address it until the market addresses it itself, through companies adjusting for new market conditions thru restructuring, layoff, selloff, consolidation and last but not least have price bottoming out.