Everything seems to go going down. Charts mostly red. Despite yesterday’s gains, the fundamental problems causing the significant drops of last week haven’t disappeared. I think we’re heading for another dip. But this time I kind of know what the bottom of the next spike / trough will be and i’m waiting for it. But don’t take my word for it - nobody knows anything.
What can I say except down is good: there’s money to be made in the short term.
Even in the (v) long term, I think you’re safe if you followed the macro trend: e.g. mining will go up because the demand from China / India will be sustained; some biotechs will pay off big; African mobile / telecoms will develop etc...
I think it is a fools day for buying. Which means, what to do all day?
Have you seen the new surgically enhanced Faye Dunaway? Scary. Facial surgery for women is like the comb-over for men. You think it looks good but it doesn’t. Don’t they know that?
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