Calling the top of the bull market.
Will sit on cash and await the crash later this year or in 2017.
Will sit on cash and await the crash later this year or in 2017.
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i think you're right.Originally posted by DimPrawn View PostCalling the top of the bull market.
Will sit on cash and await the crash later this year or in 2017.
The Autumn Fair is on this weekend , which is a massive trade show where all UK shops make orders for next year. I've now received three seperate emails from companies saying that due to Brexit, they're holding prices until next week & then are putting prices up by 15%. This is because all companies have already bought stock, but now anything new is going to be impacted by the drop in sterling to USD as all imports are calculated in dollars.
The China fair is in October, so give it to the new year before retail sales fall off a cliff.What happens in General, stays in General.You know what they say about assumptions! -
US profits are way below expectations, but the stock market still rose sharply
US Presidential election later this year
US interest rate rise in September or December
Article 50 invoked early next year (maybe)
Some EU banking/bailout crisis
Chinese stock market/property bubble
And the fact that stock markets look a lot like the oil/gold price spikes we have seen before, and the fact they seem to be hovering around a top now.Comment
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So what you're suggesting is that now that I've finally taken the plunge and opened a stocks and shares ISA with HL and pumped 50% into a Vanguard Lifestrategy 100% fund and 50% into a Fundsmith fund, that it is all going downhill from here?Taking a break from contractingComment
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Even your shares in gold dealers and property companies?Comment
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Speculation!!"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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I call top on Dow at around 18,600 which it hit a few weeks back, and FTSE at ~6900 which has also been hit. Perhaps not Germany yet.Comment
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