Sooner or later the pessimists will be right.
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Public optimism and confidence for
global financial markets will eventually
return in-vengence. (Money currently
parked on-the-sidelines will be again
reinvested in higher risk investments)
But IMO, these markets have to ween
themselves off central bank balance
sheets first.
Crusher . . . you can call me a
pessimist or a realistic or whatever
name you want, but when that day comes,
I will turn an optimist.
Errol
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Errol, you are absolutely right. This house of cards is going to crash--sometime. Some markets will be hurt worse than others. And the bullish optimists will be right too --sometime.
The big question, and I mean BIG question, is timing. There is a huge difference between 3 days, 3 weeks, and 3 months. If anyone can predict "when" with certainty, that would be invaluable information. Predicting and crash or a rally is not really that informative. We are all aware, some with the scars to prove it, of the cycles of markets. They fall from highs and rally from lows.
When???????????????????? Answer that, and I won't make a mistake selling too soon or too late.
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Kodiak . . . no one can answer that
question of timing.
But tomorrow may be rough. Global markets
are not impressed with outcome of
elections in France and Greece this
weekend.
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