Reply to: When the market turns it will be one of the most stunning bull markets

[BrilloPad]

Hehehehehe I love it - what a great quote. SO true!

I expect our Walter Mitty friend will be back online on Monday telling us all how he's made another killing....

Walter Mitty? On cuk I think you have to be a bit more specific......

[PM-Junkie]

I often wonder how you get to become an "expert". certainly among economists it seems to be the one with the biggest mouth.

Hehehehehe I love it - what a great quote. SO true!

I expect our Walter Mitty friend will be back online on Monday telling us all how he's made another killing....

[Fred Bloggs]

In IT an expert is somebody who learns from the mistakes of others......

In engineering too!

[BrilloPad]

Always do the opposite of what the experts agree on. Never fails! It takes nerve and big balls to do so, but when the experts all agree on something, do the opposite.

I often wonder how you get to become an "expert". certainly among economists it seems to be the one with the biggest mouth.

In IT an expert is somebody who learns from the mistakes of others......

[Fred Bloggs]

and that is also the view of most independent experts

Always do the opposite of what the experts agree on. Never fails! It takes nerve and big balls to do so, but when the experts all agree on something, do the opposite.

[BrilloPad]

The more posts I see like this, the closer I know we are to the market floor.

WHS

[Slumdog]

you should be shorting to make some money in share price falling

[Green Mango]

Many analysts are saying this current rally will fail and then the market will have another jolt downwards ... the worst bottom prediction I've seen for the FTSE is 2700.

I can believe it, I don't think it's over.

[Sysman]

Great companies can still go under, simply because their customers stop spending.

It only takes one ill advised speech to bring a profitable company to its knees.

[Cyberman]

The more posts I see like this, the closer I know we are to the market floor.

We are getting closer, no doubt. Every fall takes us closer and it does not take a genius to see that. The problem is how long will we continue to fall for and what percentage of companies will cease to exist over the next year or so. My view is that the markets will fall for at least another year, and that is also the view of most independent experts. Now is really not the time to invest.

[Doggy Styles]

Great companies can still go under, simply because their customers stop spending.

[Fred Bloggs]

Invest at your peril !!

The more posts I see like this, the closer I know we are to the market floor.

[Cyberman]

No shares are cheap if firms are going bust. It is a very big risk to invest in any company except those with virtually inelastic demand such as food retailers or utility companies. Until banks are lending normally and we are through the recession/depression just about every company could go bust due to lack of working capital, and banks such as Barclays are still susceptible to stealth takeover by HMG.

Invest at your peril !!

[Fred Bloggs]

Always sell too soon and buy too late, my daddy said to me.

That's why I no longer trade. I just buy boring old unit trusts every month now. I seem to have a curse, it can be guaranteed that if I buy a share it will instantly lose 10%. I even tried buying shares that I actually thought would go down to test my apparent curse. Guess what........ I was right, they'd go down!

[Liability]

I'd say september onwards and we may start to see some stable trading in the indices. There are a heck of alot of undervalued companies right now - it really is shocking - but as always - HOW MUCH lower can they go