OK, this is my final post! promise.
Getting more and more news that after this large rally in stock, the next move down will be big and will be in Sep/Oct/Nov. We're not talking the fringe analysts here. Reasons given are the same reasons as I believe. All the talk of "recovery" is just a cover for all the problems that still exist.
http://www.telegraph.co.uk/finance/markets/6018076/RBS-uber-bear-issues-fresh-alert-on-global-stock-markets.html
Britain's Uber-bear is growling again. After predicting a torrid "relief rally" over the early summer, Bob Janjuah at Royal Bank of Scotland is advising clients to take profits in global equity and commodity markets and prepare for another storm as winter nears.
But like I said. Good luck to Somersoft. Good luck with your "property boom". The smart thing would be to de-leverage in the short term, but then what do I know.
Watch the confidence and consumer sentiment turn in the next 3mths. Will be interesting to see how this all plays out.
There is always money to be made in being patient. Buy back in at 2500-2600 All Ords come Dec/Jan )
Buy more properties cheaper next year, once the FHO start feeling the heat )
Getting more and more news that after this large rally in stock, the next move down will be big and will be in Sep/Oct/Nov. We're not talking the fringe analysts here. Reasons given are the same reasons as I believe. All the talk of "recovery" is just a cover for all the problems that still exist.
http://www.telegraph.co.uk/finance/markets/6018076/RBS-uber-bear-issues-fresh-alert-on-global-stock-markets.html
Britain's Uber-bear is growling again. After predicting a torrid "relief rally" over the early summer, Bob Janjuah at Royal Bank of Scotland is advising clients to take profits in global equity and commodity markets and prepare for another storm as winter nears.
But like I said. Good luck to Somersoft. Good luck with your "property boom". The smart thing would be to de-leverage in the short term, but then what do I know.
Watch the confidence and consumer sentiment turn in the next 3mths. Will be interesting to see how this all plays out.
There is always money to be made in being patient. Buy back in at 2500-2600 All Ords come Dec/Jan )
Buy more properties cheaper next year, once the FHO start feeling the heat )