This week's action, page-69

In my opinion the market is being very hard on a lot of companies.

The fundamentals are there as in value but P/E multiples are down, the Australian economy is in a state due to low commodity prices and the Australians as people are used to having a lot of money and spending it, the economy is geared to such income and the government is trying to adjust and meet public expectations and maintain service at the same time.

Money has been flowing out of the ASX, like the tide we just had to wait for the turn, mid 2016 I hope.... but america wants to pressure Russia and hold china , hence low oil and commodities , Nato is in Syria along with Russia, normally this tension would spike oil, Saudi is taking the hit on oil and holding it down for america, their is a lot going on.

The picture is bigger than what most are seeing. Keep a eye on Syria.

Cacoa