Mazbar - long time no speak! 14 Jun 2009 19:49
Hi, I haven’t looked at SVS for a while, and I’m not a charts person!!!
However, looking at the SP graph, it is also on that unsustainable “rash-dash-for-trash-trend” that we’ve experienced recently.
How long it will continue, mate, I don’t know! There is a maxim that suggests that market irrationally can outlive ones liquidity!
It is mainly down to “glubbermint” silly interference that cannot last! Q.E. etc.
Reality: i.e. debt, unemployment, affordability, etc will focus minds and pockets, before too much longer!
When? I don’t know. But there will be much more “real wealth” to be made once this “sucker-rally” dies, than those who have “hitched a ride on rubbish," and won’t let go, and then, only to face total wipe-out! ATB.
PS Gold and associates, plus appropriate shorting, will help towards a comfortable retirement!