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  1. #8
    Senior Member
    Join Date
    Nov 2012
    Location
    Auckland
    Posts
    1,347

    Default Just like 87

    Quote Originally Posted by Cuzzie View Post
    I got burnt back in 87 and it’s taken me all this time to get back into investing.
    Welcome to the forum.

    Some would say that current market conditions are very much like 87.

    For example we are experiencing:
    1. Elevated valuations in traditional stocks
    2. New technologies that mean traditional valuation techniques to not matter for cloud companies
    3. Heaps of new listing of stocks that don't make a profit
    4. Many stocks have been invested in because they have a "story", rather than using meaningful financial analysis
    5. Many new newbies on the forum

    Call me old and crusty(I'm younger than you), but I think it will end like 87.

    Best of luck

    [Edit] Oiler's are definitely not in a bubble. Returns have been poor for years. Maybe you have found the bottom?
    Last edited by noodles; 16-11-2013 at 08:30 PM.

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