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Online Share Trading

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2008 worst level

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sum analyst says that we haven seen the worst levels 4 2008 yet? i wonder how true this is?
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7 REPLIES 7
MichaelR
Regular Contributor
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john_1
Super Contributor
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Picky
Regular Contributor
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Not applicable
on the other hand
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venice
Super Contributor
You really believe that the subprime hits are over?. The banks themselves don't even know how to price their losses let alone disclose them. How bad will the recession in the US get?. Anybody who has these answers ain't going to tell you. So don't fall in love with the upside this market has multiple levels of overhead resistance to overcome before its got a chance and that ain't going to happen until recession fears in the US are over. So go long on everything just don't use my money.
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i still have doubts
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We have experienced a recent bounce but the All Share can still dip down to the 21500 level.
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