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end of the bull market or just temporary downturn?

Coney Island · 2006-05-16 19:39:22

What's you opininion on this? The last few days have been really bad (I had to sell out my shares in the Mining and in the Oil industries).... is this just a temporary thing or it will keep going? :mad: Which sectors do you think could perform best in the next few weeks/months (if any) and why?

16-05-2006 7:39pm

#1

Coney Island

Closed Accounts Posts: 344 ✭✭

Join Date: April 2004

Posts: 302

What's you opininion on this? The last few days have been really bad (I had to sell out my shares in the Mining and in the Oil industries).... is this just a temporary thing or it will keep going? :mad:

Which sectors do you think could perform best in the next few weeks/months (if any) and why?

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Comments

#2 16-05-2006 8:38pm

Reyman

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Join Date: January 2004

Posts: 1233

There's a turn coming for sure. 'Market correction' the Broker boys like to call it. 3 years of rising prices, it's kind of inevitable.

Hard to time it though - maybe now. Maybe 6 months to a year.

The wise man might shift 50% into cash. I haven't though -- too big a hit on CGT

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