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07/10/11
15:15
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Becareful picking bottoms. They have a way to surprise you in a very nasty way.
The solution is not QE or a Greek default.
The solution is to liquidate the toxic debt which is still there.
Don't fool yourselves into thinking that we will rally again back to 4500 or 5000 anytime soon.
China is starting to look like a problem.
If Chinese growth slows to 5% then its bye bye Mining boom and bye bye ASX.
Becareful. This is no ordinary market and 3 days up means nothing.
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