bear market has become predictable, page-15

used PE's as an example. i believe valuations matter - you can believe what you like...

if you can't do some buying in the stock market now, you never will. this same "panic" was trotted out in force in march 2003...but if you can value stocks you can do well - i happen to think that the market is undervalued based on the potential of what australian business can achieve - PM Turnbull will sort it out