boom over southern cross, page-5

Excellent article that puts thiings into a little more perspective. Almost common sense really, when one thinks about the points that are being made. And if it is commonsense and logically correct, it is very likely to come to pass.

It is always too easy to be governed by what the hedge fund "managers" are doing in NY on a week-by-week basis. It is so much more relevant to hear what the real players (Xtrada, BHP, Rio, etc) are experiencing. By this time next week, the hedge funds will be doing something else (opps, the $US is weakening again, "oil might go up", oops, resource demand is higher than forecast, etc, etc). Research the fundementals, buy cheap, hold long term and ignore the wankers.

Did Charlie Aitken write the report?