knock knock its thursday, page-27

Hope you won't hold that missed trade against me Paddington Bull ;-)

My 'hope' for a break back up to 50% was selfishly aimed at boosting (psychologically) some of my speccies into action, but that hasn't been borne out by the results :-(

Since Oct 19th, whilst the XJO is 7.3% higher today, the XSO is only up 2.5%.

As Pisces says, every man and his dog ('cept me) has been rushing in to buy high dividend yielding stocks - look at CommBank - up nearly 14% since Oct 19th!!!

So all this media talk of "Risk on" just doesn't seem to be supported by the facts when you look beyond the surface.

So where to next??? A pull back to the 20 or 50 day moving averages - at 4750 or 4620 approx respectively, as reporting season and US debt issues briefly resurface, followed by a resurgence so BigDaddy can finally celebrate his XJO5000 call!!! (Darned if I know!!)

(After 4 years living in France, have finally moved back home to Sydney - and what a beautiful day to arrive!!)