I have to say ladies and gentlemen, I was a bear a few months ago, but kept taking short positions to try and get in and out as quick as possible so I could avoid a crash (as I beleived one was definately on its way). With the very minor correction lately (we have lost a few hundred points), and with the US falling another 1.5% on Friday, could this coming week see us plummet?
I personally think it looks likely, but just how big will it be? I cant see us sliding below 5500, though worse things have happened...........
On a side note, I reduced 60% of my portfolio in stocks, down to about 40%, so a crash wouldnt be too bad at all. Currently I am only holding JST and EQN and JST performed relatively well last week.