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Bear Market Rally Over?

Discussion in 'Shares' started by Chris C, 7th May, 2010.

  1. Chris C

    Chris C Well-Known Member

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  2. Tropo

    Tropo Well-Known Member

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    "If anyone subscribes to the "be greedy when others are fearful" analogy I think now would be as good as anything time to be buying".

    So...are you buying? :eek:
     
  3. Chris C

    Chris C Well-Known Member

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    Nope... I don't subscribe to the analogy. There are lots of people scared at the top of the fall... doesn't mean it can't fall further.

    :D

    I only mentioned it because I know there are people on these forums who seem to like to buy whenever there is a sizeable fall because it provides a good buying opportunity if you're "investing for the long term"... which is another analogy I don't really subscribe to.
     
  4. Tropo

    Tropo Well-Known Member

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    Good thinking 99...;)
    Standing aside is a position. :cool:
     
  5. Billv

    Billv Getting there

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    I doubt it, considering the mess the western world is in, and the resources tax, it no longer makes sense to buy.
    If the markets don't go down further I'm not buying.
    I'd rather pay down my loans
     
  6. Chris C

    Chris C Well-Known Member

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    Good strategy - but if the rest of the market has the same idea at the same time then we'll be seeing asset price deflation anyway, in that you can't grow a credit bubble if everyone is paying down debt...