Correction soon?

[CE]

DEP - have you decided bro, are you a BULL or a BEAR ?

[SimonPB]

follow our inner feeling, nope. My view is we must follow the pruce, that's teh only clear/pure signal. Anything can be tainted.

[DEP]

My feeling is = stay out of the market for a while... wait for correction=10% to 20% Top index. What do you call that? Bear? yes.

[SimonPB]

last part of post missing???

That all said what makes teh market is different views but as important is different methodologies.

[DEP]

You mean, Technical analysis?

[DEP]

Interesting! What is your position at SEQ? You seem to be always on chat? Just interested.

[SimonPB]

head of education and general other things. TA only for derivatiove trading and for timing second tier stock trades (the stocks are selected on fundamentals). My worry about preparing for the meltdown and/or correction/bear. Is what if you're years early? Remember greenspan predicted the nasdaq meltdown, about 4 years early. Ditto locally many many have moved to larger cash amounts because they fear the bear, and in truth they have lost a lot by being on the sidelines.

Now the bear will come and it will hurt many, but that's not because they shoud have moved to cash sooner - but because they refuse to accept the bear and buy the whole way down and then sell the whole way back up.

[DEP]

So how's your portfolio doing this year?

[asylum]

All this bear talk is leaving me cold. china still buying like there's no tomorrow hey even the yanks are in on the action. Make hay while the sun shines.Sit on the sideline and miss out remember no risk no reward!It's your choice.

[DEP]

Cool, when can we go for coffee? We can further agree to disagree.

[SimonPB]

yip, and so far a very good year - well ahead of my benchmark - top40.

[Russ]

You're right,asylum. Sometimes I think the inmates have taken over the...er,forget it.

[#13]

can only be bullish.fundamentals, economy sound, best market to trade in worldwide

[BABYBOY]

THE PULLBACK WILL START SOON TRUST ME. +0.8% tomrrow highly likely. anyway BLUE-CHIPS ARE the best bulls shares to buy.... so good luck to all but the BEAR WILL strike soon. just wait.

[#15]

Why everyone so negative?? I think we might see an BULL end 2010 It's possible.

[asylum]

i suppose it is possible and i hope your right.

[BABYBOY]

for every up theres a down thats life and thats the JSE...........

[SimonPB]

BB, ya but the ups have been bigger then the downs for over 4 years now.

[BABYBOY]

agreed simon but all im saying is that its worth a risk to have some SHARES THAT are (bears) don't you think, its like an insurance if something does happen (maybe a -2% drop) you get paid out....

[BABYBOY]

F$^#$#^!%@ EVERYONE simon is right just had a look at the ALSH CHART does'nt look good. (MA)MACD, EVEN worked out a sma @8 & sma @16, bears will have a small pullback if none at all this market is moving to quick for me F@##$^#%&. SORRY GUYS FOR THE INCORRECT INFO EARLIER!