Hi all im a casual trader who is looking for advice
Up until recently I held shares in Admiralty Resources Limited which recently plunged more than 40% from 40c to 21c in the space of a little over a month. Expecting a market crash I sold at 21c but then Ben Bernake came out and saved the day with his rate cut which in turn halted the drop of mx ex-stock.
Since then I have heard a large amount of doom and gloom as well as just general bear discussion here and yet it is still to eventuate. Could someone please give me their expectation and reasoning behind it for the next 6 months (in terms of the Dow Jones, All Ords and markets in general)
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