I was hit by credit crisis during my house construction, which has finished about 80% of progress.
As my money has disappeared like many others, I came down to Sydney from Gold Coast to work and sleeping in a car to save money. Recently I have recovered my loses and decided to get out of the market to finish pending project.
Now I can wait and see how stock market is going on.
As my previous post, I am still in doubt about "v"sahpe recovery.
My analysis in world indices 1. Look like Broken Up-trend Indices /Countries (5 days Simple Moving Average Indices broke down into 20 SMA) : Russian RTS, Germany DAX, France CAC, England FTSE 100, Canada S&P/TSX,Brazil BOLVESPA, Mexico BOLSA, Italia MILAN MIB, Argentina MERVAL
2. Up-trend Countries/Indices : Shanghai SE Composite(China)
3. Look like Up-trend at the edge Countries/Indices : S&P 500(USA), NASDAQ(USA), HK Hang Seng, Korea KOSPI DOW(USA), Indonesia Jakarta Composite, Japan Nikkei 225 and Australia ASX
As a conclusion, sooner or later IMO without world heavy weight(weighting about 35-40% of world economy) USA's extremely strong powerful index up, all other countries indices highly likely turning into down-trend excluding China. This means in such economic environment almost all stock holders could lose money except short sellers.
Regards, --------------------------------------------------------- This is my private view only.
