Have had my head in the sand lately, so haven't been catching up on the news much. Wandered on over to catch up on the daily news online. I can't believe some of the shite that is being reported.
"Share market slumps"
Seriously. What a joke! I read this following bit by Scott Pape a few years ago - makes total sense to me.
"Are there any similarities to a Boxing Day sale and a stock market crash? You betcha. Prices are falling and the media are commenting on the madness... Everybody is excited by the chance of picking up a bargain. The difference of course is that when the stock market crashes, people shit themselves. Mainly because of that word - crash. What about when retailers advertise that their prices are crashing? It's people's perceptions that make the difference - and most people just follow the herd."
"Take a look at 1987...people saw the value of their investments fall by 30% or more in one week. They rang talkback crying foul, 'I've just lost 30 grand on the stock market!' - what they forgot to mention was that in the previous years they'd nearly tripled their money."
"Fair Dinkum! Lingo sparks US scare"
What a twit that air hostess was! I'd be gropable if they didn't have pretzels too....