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Old 10th Oct 2008, 11:14
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Three Blades
 
Join Date: Jan 2005
Location: UK
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Fly 7,

I can only see one direction for this part of the market at present.
Feel good factor is becoming a rare commodity and hence the buyers are going to be fewer in number.
The number of expensive toys on the market generally is going up, just look up something like Porsche in Autotrader and see how many are there.
The stock market is well down and hence people who had paper wealth now do not (just look at the headlines regarding mr Mittal).
Look at the other thread that talks about the flying schools and you can see that there may be a few choppers on the market soon.

There will, of course, be people who are unaffected by the current financial crash but for the majority of us it will mean less cash available for toys.

Due to the current price of energy and the slump in the stock market, I am afraid that the light at the end of the tunnel has been turned off.

Conclusion: down

TB

(off to find a high building...)
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