Is a bear market on the cards in 2 weeks?

innovate

This thread is funny.

sabretoothtigger

There was a bear market in July 2008 (it had dropped 20%), then it rose for the rest of the summer ending in a nice 10% rise in one day. Then it fell properly

gadgetmind

sabretoothtigger wrote: »

Then it fell properly

And then?

.

sabretoothtigger

then it fell, then it doubled. \o/

This guy is famous for outlining bear markets, properly in value terms.



http://www.advisorperspectives.com/dshort/

I am aware of how markets go up and down i just assumed that the high possibility of a US default would cause the FTSE to drop to early 09' levels, so below 4000!!

Im surprised how the replies seem so laid back, do you not consider the US defaulting causing huge volatility in the FTSE and subsequent tanking?

Its not that simple. Problem is alot of terms are mislabelled so the argument is incorrect. The US default would be government, where as shares are private busines.
I know theres supposed to be a link and there are effects but business occurs despite gov debt not because of it. If they do stop anything its not for certain a negative to any business.

Also there is false perspective, USA is an importer of produced goods more then exporter but we and every country are importers of Washington politics which is optional not a necessity ? They shut that down, we got enough of our own to survive meanwhile

lvader

It looks like we are due one of those long blue lines in the not too distant future. You wouldn't want to be out holding cash when that happens!

Archi_Bald

lvader wrote: »

It looks like we are due one of those long blue lines in the not too distant future. You wouldn't want to be out holding cash when that happens!

Or the devil had enough of it once prices had risen by 666%.