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Arnold, hahaha

If SA markets dont turn soon we going to see more blood

The ALSI has slipped by 20% in the past 9 months. The TOPI has done nothing in over 4 years. In my book that is called a correction. We should see a bottom soon and then up again at last.

Through who?

Blood is good, I want to buy stuff on the low. (we need a bear market, it's been a decade since the last one.)

As Orca says, SA has been in a bear market of late. SA typically runs counter-trend to other markets with Rand hedge effects as well. I expect US and European markets to keep taking some hits for a while, whilst SA stocks should find some support quite soon. The pro-business Ramaphosa approach should also start having an impact within about 6 months, freeing up investment capital and growth in SA markets.

The 2008 crash started in late 2007 as confidence slowly started being eroded, leading to a mass exodus. Whilst I don't think we're going to see a crash just yet, I wouldn't be piling into the market right now. Things have changed dramatically over the last year with US interest rates. High rate environments chase money out of stock markets. The professional money has been leaving while widows, orphans, dentists and shoe-shiners have been trying to prop up the market lately. We are a long way from capitulation still...

Markets move in cycles and have done ever since I started investing in 1967 when I started work - in '69 Retco and Glenanil took our market down significantly - we have had many corrections as well. The 2007/8 market drop cost me about R .5 million in 4 months - this latest correction in SA started in about January and my holdings have been reduced by a similar amount to date. This latest movement stems to my mind purely on political infractions which has had a severe effect on the economy and the constant reference to EWC to such an extent that farmers are not planting full harvest as they don't want to borrow funds to plant and fertilise if their farms are at risk. This non committal by farmers in the long run could have serious repercussions on food supplier; inflation, wages and government spending. Buying and selling shares/ETF is a very patient operation and I think that currently what is happening is that the speculators and the buy on overdraft brigade are being shaken out of the market 

I don't think people realize how deeply fcked our countries infrastructure really is. Without an outside country (China/Russia) steps in I dont see the ANC having the ability to turn the boat around and the DA will never govern nationally so that option is out.