I think that it's just a bit of a giggle watching it defy the predictions of the uber bears. Actually a lower iron ore price would suit most bulls (except for Perth Bulls) but there is a delicious irony in iron ore prices.
It's especially funny when a higher price would suit the east coast bears, yet they cheer on a lower price. Ya have to laugh.
Or you could stick a shed load of money in a resource fund and make some money out of it.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
Trolly blows his load prematurely hoping for 60 with a cry of "PRICES TO THE MOOOOOON !!!" ... now he has to clean up the mess as it struggles to keep it's head above 55.
50 anyone ?
aww.. shame.
Turns out, as other posters have pointed out, some of us will enjoy the flower show more than Trollie and his fellow socks
There's nothing in this rally except another good chance to short. Short everything Aussie. It's amazing how far a place can fall in 20 years.
Go ahead and lose another shirt to the doomsters. All our big companies and banks are low at the moment it is a time for buying long term - not shorting on the back of the lunatic fringe chicken littles.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Comments like this are going to look pretty f***ing stupid in 20 years.
Not a chance. IO is going to crap out again and put the nail in Perth's coffin. WA makes Inland Empire and Florida look tame by comparison. I'm in WA now and it definitely has a lot going for it, but this place is in real trouble.
skamy
31 Mar 2016, 07:58 PM
Go ahead and lose another shirt to the doomsters. All our big companies and banks are low at the moment it is a time for buying long term - not shorting on the back of the lunatic fringe chicken littles.
They're too expensive to buy now. They'll be a buy after the shit storm is over, but not before.
Not a chance. IO is going to crap out again and put the nail in Perth's coffin. WA makes Inland Empire and Florida look tame by comparison. I'm in WA now and it definitely has a lot going for it, but this place is in real trouble. They're too expensive to buy now. They'll be a buy after the shit storm is over, but not before.
You are stark raving mad as bad as simple simon who thinks we are headed back to the deflation of the great depression. Only this time it is supposed to happen without the prior crazy inflation.
Where do you guys get this silly nonsense? Are you not sick of listening to the Armageddon spruikers yet?
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Are any of you guys capable of writing anything without a strawman? I'm not preaching armageddon. Just Perth going down like a two-dollar crack whore. It's the surest bet on earth. Perhaps not so for the stupidest people on earth - Perth bulls.
Are any of you guys capable of writing anything without a strawman? I'm not preaching armageddon. Just Perth going down like a two-dollar crack whore. It's the surest bet on earth. Perhaps not so for the stupidest people on earth - Perth bulls.
Well we will soon see will we not.
Your stance is ridiculous - this state has had billions invested in its future, people smarter than you are walking away from their Perth crash dreams.
You can go right now to Lancellin and buy houses for 40-50% of their pre-gfc value - yet you think you are gonna get better than that - greed will catch you out.
Don't tell me that you think Lancellin has no future, have you no brain at all?
Young people may pay more for their education but the quality seems to be a disaster. Some young bears on here seem totally unable to assess risk versus opportunity.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Your stance is ridiculous - this state has had billions invested in its future, people smarter than you are walking away from their Perth crash dreams.
You can go right now to Lancellin and buy houses for 40-50% of their pre-gfc value - yet you think you are gonna get better than that - greed will catch you out.
Don't tell me that you think Lancellin has no future, have you no brain at all?
Young people may pay more for their education but the quality seems to be a disaster. Some young bears on here seem totally unable to assess risk versus opportunity.
Wtf is there in lancellin?
This rally is almost over skamy. I'm on holidays at the moment, but I'll be closing down all my long positions when I get back.
After brexit, I may go long again after the dust settles.
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