simple ..if you believe the markets are in free fall sell....if you believe this is a recoiling of the spring just before a large rise (like me) buy /hold....dont talk about further falls while you nervously hold, believe your own truth, make or break on your own truth......running with the rabbit and the hound never works ....cant understand how people whom are holding are promoting collapse, boggles.....sell put your mind at rest!
The markets are actually telling us the don't know whats going to happen. That's why they swing so violently from day to day. We are at a crossroads with no sign posts and we could be here for a while.
..China is the big bubble, the real estate market there, but not the next 12 mos; the chain of events is a delayed market reaction of the Russian embargo; it affected Germany; it disrupted raw material trade, a slowdown will hold interest rates; I see this as temporary..I would worry later if interest rates had to rise; if so it would place pressure on the U.S. dollar and federal reserve ; this is another bubble..6 weeks left before end of November and 4 more for year end..
wall st is having its first serious correction in two and a half years , all european major indexes are in negative territory for the year and france has had its credit rating downgraded , add to that , china is slowing
this share price could potentially go back to 15 cents this year if things get bad enough , im not selling and il buy another 5 k worth if we drop under 20 cents but the global market is looking extremely shaky now , bmw has had record sales all year yet its share price is down 20% since june , germany itself looks like it might be in danger of slipping back into recession and if that happens , ireland will not continue to recover like it has
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