The trouble with M East, Japan earthquake/Nuclear fear, oil price and AUD are too high, EU debt, China tight up bank loan to slow its eco and control inflation that will slow demand for resources. U price will drop more. Ppl should expect DOW/XAO to fall further in the coming weeks/months. XAO may fall to 4000/4200. If that happen all OZ resouces may be down more. The outlook is not very good.
My view only, can be right/WRONG, good luck.
xao
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