looks like its over, page-16

  1. 18,603 Posts.
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    each to his own, but I don't believe in long term prediction of markets...our market is driven by short term - medium term phenomena: commodity prices, interest rates, economic growth...things that cannot be predicted long term. If it has worked for you, all credit to you.....but I don't subscribe to it.

    If the commodity supercycle theory is correct, we will see occasional corrections in the Aussie market but a strong long term uptrend....the ASX has larger commodity exposure than most other markets, Toronto excluded.

    If the supercycle theory is bunkum, well all bets are off. But can long term predictors of markets have factored in China moving to capitalism and industrialising? Oil prices skyrocketing? September 11? and so it goes.
 
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