we'll be right tuesday., page-11

I think our Aussie market may be getting close to the point of saying - enough! We are not Americans and we do not have $16 trillion in public debt. Our unemployment is not as high as in the States. And we are not as greedy or stupid as they are.

- Aussie $ is down. An incentive for O/S investors to come in.
- Our stocks are cheap in comp. to overseas stocks.
- Our economy is in better shape than many leading economies.
- We have lifted interest rates a few times while others can not dream about it..
- Our public debt is nowhere near those numbers we have been reading in the press.
- The FED is going to keep the rates down and won't start withdrawing the funds, so I see an opportunity.
- Many European governments are waking up and at least pretending of doing something. Better that than nothing.
- Our market is 23 points up.
- Daily spiel we hear - "better than expected" or "worse than expected" data is fluff. What is better/worse than expected data anyway, when we know that our expectations our calculations are different?
- I hope EU shafts the Greeks (no more money!) They should have done it already.
- I hope Krudd looses the next election and takes Conroy with him. Abbott can join them!

I am in. The end of the world isn't going to happen tomorrow. Nostradamus was wrong :) So were Mayas :)

If I go bust - take me as an example on how NOT to trade :)

I had my whinge.

Now, good luck all.