XJO 0.68% 8,205.4 s&p/asx 200

monday meanderings, page-104

  1. 742 Posts.
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    Arrr my mate icesmooth.

    Good luck with all of this icesmooth. Looking forward to you coming up to the "City for all seasons" for a cup of coffee and a chat. Camp out in the bungalow if you want.

    My opinion on the xjo (for what it is worth) ... there just has to be a j curve soon. When interest rates fall to a certain level then the safety built into cash just isn't worth having. Further, business and the mortgage belt can have some spare coin to buy things ... which stimulates growth etc. etc. The RBA is doing the right thing here ... and Mr Rudd indirectly. I just wish Rudd would use Turnbull and his expertise in a bi-partisan way. Put Lib and Lab thing to one side for a while.

    Shares then become more and more attractive as they present as not only a good buy but a high yielding investment (so long as you buy yielders that is). The xjo has many yielders. Heres hoping anyway.

    see you soon.

    regards

    Capt. Goodvibes.

    Dscl. I have numerous shares in the index but dont trade in contracts





 
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