SED's favorite in great bear form. He's looking for sub 8000 Dow pretty much straight away. Yes, he's called it wrong before. Still, interesting viewing for all. I particularly like the VIX chart.
Hi Dawny, Im still 90% cash and intend staying that way for the forseeable future. Ive missed out on some big gains over the last couple of months but the companies on my watchlist are falling. If (when) FTSE drops to 45000, i'll be looking to reinvest, but until then im mainly playing with my SB account, and making a grand total of about £100/month lol.
i will probably still drip feed small amounts into some of the small oilies and miners on big dips where there are proven reserves and not too much debt.. we shall see. Will keep you posted
Well I almost hit the short trigger straight away, but RSJ is right imho this is the new oil, imho it will end the same way but I'll wait to see how currencies act for the time being - charts to follow when I get IG charts working.
Im not an expert, but i believe that the motive waves are not normally the same length. Wave 3 is often the longest (but never the shortest), so it will always move by a greater % than either 1 or 5 (or both).
The contents of the postings summarised here represents the opinions of the authors and not of Interactive Investor Trading Limited.
They have not been approved or issued by Interactive Investor Trading Limited.