When to re-enter the market?

[Footsie]

Thanks Phaedrus

Look forward to the updates on this thread

I too have been keen on NPX.
Im also watching RAK, PPL for a turn.... but prepared to be patient.

Ultimately RAK and PPL could both go back to $1.00

[redzone]

if you are going to buy ....buy good cash earning stocks.....ENV.AX....CEU.AX...DUE.AX....

[sideline]

Hi, slighly off topic: Bear-Stearns have just imploded in the states:

Top value 17 Jan '07: US$169.73 per share
One year ago around US$150
Friday morning: US$57
Friday evening : US$30
Sunday night: company will be bought up by JPMorgan (thanks Footsy) in a share swap for US$2 (yes TWO) per share.
All regulatory approvals have been given already, the only thing required is shareholder approval!
Will they get it??

[AMR]

Didn't warren buffet buy a stake in Bears Stearn a while back?

[Footsie]

ITs JP Morgan not MS.

PPl said one of the big banks would go......... there may be more.

[Footsie]

"Bear" Stearns anyone?

Asia pricing in a big fall on the dow.

[lakedaemonian]

Personally, I'm thinking we are far, far closer to the beginning than the end of this bear.

Still too much shiny casino vaneer and lack of real substance...I'd rather invest than gamble, so i'll wait as long as it takes on equities

[Mick100]

Keep in mind that for every seller there is a buyer and that not all buyers in bear markets are fools - no matter what Pheadrus's graphs would have you believe ...

Sorry Pheadrus - This point has to be made - If not by me, then by Buffet who has always been a 'value' buyer.

Yes - well said

[trackers]

"Bear" Stearns anyone?

Asia pricing in a big fall on the dow.

Dow up 0.2%... Interesting

[COLIN]

Dow up 0.2%... Interesting

"Interesting" - but what's your take?

We're certainly not out of the woods yet.

As for the RBNZ management of NZ monetary policy: my view is that a reduction in the OCR will have to take place much earlier than most of the pundits are forecasting. The lack of confidence is snowballing. Anyone who has been to property auctions of late will have sensed the paralysis that is creeping all over the place. People in general are tightening their spending habits and we all know how quickly the ripple effect can become a tidal wave. My fear is that RBNZ policy changes will be too tardy.