Stock Markets Down Again

genetic said:
Typically South African ... :rolleyes:
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It's true though. There is waaaaay too much negative sentiment out there at the moment. People are too scared to invest and banks are too scared to lend.
 
EtienneK said:
It's true though. There is waaaaay too much negative sentiment out there at the moment. People are too scared to invest and banks are too scared to lend.
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what this man said
 
Seems the dynamics at play here are no longer applicable cause while negative sentiments drive the markets down, investors should be on a shopping spree of note taking advantage of low stock prices but that simply isn't happening. The bottom just keeps on getting lower and that's very worrying IMO..
 
The problem has been instead of stocks being based on what they earn, they became a fashion item, and traded in some gaming dimension, were the future was rose coloured and stock options were looted - helped along with creative accounting - and when you have moans about high prices, the supermarkets cannot hold a candle to those that sell print cartridges with ICs on them - as Alice remarked ' its just a pack of cards ' - glad to see Telkom trading below 100
 
sandmanm34 said:
Seems the dynamics at play here are no longer applicable cause while negative sentiments drive the markets down, investors should be on a shopping spree of note taking advantage of low stock prices but that simply isn't happening. The bottom just keeps on getting lower and that's very worrying IMO..
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That's a catch-22. Investing now implies one foresees the bottom of the cycle already. And we haven't seen the last of the global negative sentiment - just wait till China cuts off it's credit line to the US and basically holds it at ransom. OK, so its just a possibility, but its no wonder global sentiment is completely negative - even the mere mention of this scares the bejeezuz out of investors (unless your portfolio is made up of Asian capital)...
 
Please - scaremongering was the order of the day when Lehmann Brothers went belly up. Now it's just a case of people being bewildered and hanging on to cash as the only valuable item.
 
DragonLogos said:
The problem has been instead of stocks being based on what they earn, they became a fashion item, and traded in some gaming dimension, were the future was rose coloured and stock options were looted - helped along with creative accounting - and when you have moans about high prices, the supermarkets cannot hold a candle to those that sell print cartridges with ICs on them - as Alice remarked ' its just a pack of cards ' - glad to see Telkom trading below 100
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Exactly.
The move to the "it's dirty/scratched - just buy a new one" mentality, coupled with the "if we polish this steaming pile of poo, someone will buy it" mentality led to this situation.

Time to return to the good old fashioned philosophy of "using it till its broken" and "value for money".
 
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