thanx very much for the input on the clock
believe me I am trying desperately to work out where we are on the clock too
I have found this chart pack put out by the RBA to be very useful when trying to find the exact spot
i still maintain we are at 8
we could even be at just after 7 o'clock as the usual bull market lasts for about 7 years
what do you make of this commodity chart???
it would appear to me that we are just at the beginning of a trend in commodity prices
is china at 12?
mmm
i would ask you this "is china in a super cycle?"
interest rates are supposed to fall at 7 o'clock but then the start going up
at the moment the official rate is 3.75%
average is 5%
so even though they are going up they are still very low
thing is we haven't had any fall in real estate.
now where that fits in I don't know?
everywhere else in the world they have fallen, except australia
it is a real anomaly caused by china's demand for resoucres and immigration I'd say
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Last
8,677.2 |
Change
9.000(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |