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end of the bull market or just temporary downturn?

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  • 16-05-2006 8:39pm
    #1
    Coney Island
    Closed Accounts Posts: 344 ✭✭


    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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    #2
    Reyman
    Registered Users Posts: 1,297 ✭✭✭Reyman


    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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