RE: Let’s Lighten The Mood27 Feb 2020 19:35
Groover, like you, my holding is down. I've toyed with the idea of selling and buying back in. However, I so firmly believe in PB and his TXP vision that I can't go further towards selling than just discussing it with Mrs Photo. She says to hold firm as TXP is being played just like the rest of the market. By played, I mean the following. I truly believe the boys at the top, at the very top, love a situation like this. They will make millions if not billions out of this retrace of the wider markets. The quote below is from Google....
George Soros is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis.
As far as I understand it, after Black Wednesday, the Chancellor at the time gave GS a watch and engraved on the back was the lovely message 'Don't let the bastards get you down' Hmmmm hmmmmm those boys at the top.....
Those boys at the very top......loving this.
Groover, when the time is right, the market will turn and all will be well. I'm looking forward to seeing those 'market induced' rainbows and unicorns very soon.
Look at the wider market today....
Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued their slow decline. Weights were up in heavy trading. Mining equipment hit rock bottom. Diapers remained unchanged.
The market for raisins dried up. Balloon prices were inflated. And toilet paper touched a new bottom.
Apparently ladder companies in Mexico near to the US border are doing very well.
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