24-08-2015, 04:01 PM
(24-08-2015, 03:19 PM)weijian Wrote:(24-08-2015, 11:14 AM)BlueKelah Wrote: If u are cashed up u will be fine. Hunting season officially open...
sent from my Galaxy Tab S
Over the years, WB has used many vivid terms to describe this situation:
The more recent one: loading up the elephant gun
The older classics: kid in a candy store, over-XXXed teen in a wXXXe house
In his words as well, for some of us whom bought call options (aka CASH) all this time, is it time to exercise the option now?
its hard to call a time, but would say it is time to start hunting. though officially the guru buffett has been selling his energy companies and going into cash. So far he is only shooting one aerospace elephant for $30+billion so maybe things are not so cheap yet. Probably when he starts shooting a lot more it could be an indicator things are cheap and we can join in a much bigger fashion too.
I do think winter is finally come around for SGX and we can start stocking up on straw hats (this one not WB saying

Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com