dead cat bounce, page-14

"In all my fifty years I have never seen it so bad before the ulitmate implosion."

this is "star trek" stuff if you ask me.

the long term trend line XAO goes to about 3250

however if you think it will ever get there then you would have to discount the emergence of India and China in the last 10 years.

What it boils down to is you are either a "super cycle" believer or you are not.

If you are a doom and gloomer then China never happened. Ok hard to imagine but it could possibly be a figment of our imaginations.

If you are a believer then there is some absolutely brilliant buys around at the moment.

Just look at the long term trend on almost any blue chip stock and they are all very near the absolute bottom

Here are just a few

FXJ $3
HVN $3
NAB $25
ANZ $18.50
WBC $20
WES $35

too many to mention

but anyway if you are doom and gloomer you have to cut the super cycle out of your equations

that is something I can't do.