indicators that suggest a bottom, page-76

avari

Well I hope I am not on ignore at the moment.

The reason or at least one of the reasons I think the All Ords will tank to 2000 is because this mess that we are in is unlike any other economic melaise in history.

The world's economies are linked now more than ever before. We have seen what began with a problem in the US and bad debts on housing loans, balloon out into a credit crunch and a lot more.

The current flight of cash from Hedge Funds from european countries in particular is very worrying indeed and will push both fear and negetive sentiment to new highs.

Add to that the fact that many countries are now going to experience problems with national debt with the rise in the value of the US {they borrowed in US Dollars} and well, I think you get the picture.

And the picture is not good at all.

China has a banking system described by one expert as something between barter and banter...by which I think they were alluding to the fact that in China, its banks make up the rules as they go along and if you get caught, too bad.

Also I have read elsewhere that their banks are in more trouble than dick the dog and all they may need is a little push, and it's chinese checkers, last one out turn off the lights.

So it's all very scary stuff indeed.

Got a go. I am on a promise from the girl friend.

Bye