WB said as well “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”. CNN "Fear and Greed Index" sitting at 7 - "extreme fear": http://money.cnn.com/data/fear-and-greed/. I see buying opportunities ahead ...
the spread on the libor is extreme as well , an indication of stress in the system some would say
Pretty soft opening today ... hopefully sign of relative immunity for NZX
If the trend-following regime is over and we are heading into a mean-reverting regime it will take some time to unfold .....but future returns won’t be as good as the past few years
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Short term speculative activities have dominated markets. Going forward after stocks violent price swings can be expected for commodities and bit coin.
Who knows SCL could get some export orders. My only concern is its extended P/E ratio but it has outperformed the packaged foods and meats industry on the basis of its ROE in New Zealand. As any stock has fair value, I expect correction in this stock too once it hit the top. It must have hit the top or could hit once more in this long bull market.
Originally Posted by axe
fruit included - I wonder if any flow on impact to SCL
Last edited by Valuegrowth; 02-04-2018 at 05:22 PM.
Asia stocks start new quarter on front foot, dollar steady
fake news lol always wait for the the us market to open anyway looks like its going lower still plently to go go lower to tounch feb lows then we see what happens weather crash or bounch
Originally Posted by BlackPeter
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