hands up if you love the AU
further to what I said above, I think those who were burn't last time, know, this time, as soon as the tide turns to liquidate and get out and not dream that it's just a correction and prices will come back
Milan.
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Reply to: Oh dear: FTSE under 6000
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Previously on "Oh dear: FTSE under 6000"
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Ha! Latin America down 10%, China 8%. Ouch.Originally posted by GreenerGrass View PostThe USA is doomed, only the BRIC countries can save us now!
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Recession is long overdue... USA is slated for 2 x quarters of zero growth ( with inflation does that equate to a negative?)Originally posted by milanbenes View PostI only hope there is not a major credit crunch and recession
if anybody of higher being is reading this, please let the current situation continue until I am 40
thanks,
Milan.
Still Brown promised no return to boom 'n bust
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there are not many people who did not lose money on the dot coms not so many years ago
these losses are not distant memories but painfully held in most people's heads
therefore these days, unlock before, as soon as those who were burnt for holding at the end of dot com see things going down, they know to liquidate immediately and better have something rather than nothing
therefore, the falls we are seeing at the moment, in my opinion, have the potential to really snowball
I only hope there is not a major credit crunch and recession
if anybody of higher being is reading this, please let the current situation continue until I am 40
thanks,
Milan.
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Buy gold & head for the hillsOriginally posted by GreenerGrass View PostOpened 122 points down. Its carnage out there, the sky is falling in, we're all doomed.
Miners/'Natural Resources' were already down about 20% in a month, could be worth picking up a few bargains today unless the end of capitalism is nigh.
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Oh dear: FTSE under 6000
Opened 122 points down. Its carnage out there, the sky is falling in, we're all doomed.
Miners/'Natural Resources' were already down about 20% in a month, could be worth picking up a few bargains today unless the end of capitalism is nigh.Tags: None
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