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Hi All,
Ever heard of graham dyer { is a bit of a doomsayer} he follows elliot wave and writes articles as such.
I read his last news letter, which states that the Australian Share Market will slowly but shorely keep going down, with little retracements here and there. Then goes onto say that housing will not that far away start going down also.
His reason being housing has alraedy had its boom only a couple of years ago, people will not keep paying exurbent prices for property.
What do you reckon??Retire
duckster wrote:I reckon 2 o'clock
See
http://www.enziosclock.com/economic/clock
http://globalhouseprices.blogspot.com/2006/04/time-is-running-out-on-investment.html
http://www.startrungrow.com/information/investment/6,2983,the-investment-clock.htmI know you are going to say that real estate is rising but I feel that it is a bit like the share market
Have you every noticed a double peak in a share price chart and a down fall in price shortly afterwards.
Duckster,
i tend to agree at this point in time, yeshave previously looked at your suggested sight – Thanks.
i also keep tabs on graham dyer {even though he is a bit of a doomsayer} graham follows elliot wave and also writes articles regarding the possible australian economy short and long term.
if you would like a recent copy, feel free to email myself at [email protected] and would relish any + or – feedback regarding such.Thanks,
RetireSo true.. What if there is a recession, will investers be able to still invest? And hold their portfolio…
Brenda would you mind emailing me privately -Thanks.[blush2]
