Brace yourselves for a stockmarket crash

Discussion in 'General Chat' started by qwestcommunications, Jun 6, 2007.

  1. #1
    We have been in a bull market that has not really been based on anything subtantive to support such sky-high share prices and all-time high indexes. We are in an environment with rising interest rates, geo-political tensions, highish oil prices. Surely, this is, to quote Greenspan, utter investor "irrational exuberance".

    Brace yourselves for a correction of around 20% over the coming months.
     
    qwestcommunications, Jun 6, 2007 IP
  2. cool_78

    cool_78 Guest

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    #2
    I also believe it. Markets are already at historic highs and when consolidation comes brace yourselves, but in the meantime lets all profit from it :)
     
    cool_78, Jun 6, 2007 IP