So why then havent you been short for the duration of this concensus?
Its been a while!
That's better ... SPI off 70 now
good chance of a fade today... dow goes up, spi goes down...
also expecting US retail and ppi data tonight... anything goes...
when does the sept spi contract expires? next week?
cool... I like plunges, especially when my toilet is blocked
Hope it does down, otherwise Im bust..!
Nyden, the risk is TOTAL meltdown, not just a few over levereaged financials, commod specs, and the like. The market as we know it may not exist if the worst case scenario of US meltdown occurs in the next few months.Might just be time to start buying again - average folk all seem to be shorting now?
What's with all this talk of nervousness over the weekend, and being 'bust' if the market doesn't go down?! Let me get this straight; so - you've been burnt by being long in the market ... and now the solution is to throw more money at the market?
Honestly, call up gamblers anonymous people! The stock market is not the only bleeding thing you can do with your money. If you're not making gains, and worst yet if you are losing money - and cannot seem to trade this very difficult market ... then leave it. Put it all in the bank, and wait for stability to return! Ugh, the stubbornness...
Nyden, the risk is TOTAL meltdown, not just a few over levereaged financials, commod specs, and the like. The market as we know it may not exist if the worst case scenario of US meltdown occurs in the next few months.
Im starting to be concerned about my cash sitting in the ANZ vault...
US may run into depression, and then a single domino falls....
Thanks mate, so if I get the first $100K back, as is some US bank policy, Im rooted,...... Well, maybe ANZ and NAB will: Heck, might even be best to stick with small banks like Bendigo.
i suspect a rise today on low volume showing some weakness and setting up for a plunge monday... we shall soon see
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