I did not mean to press that POST button, so carrying on -
These days I am playing the markets each day as it is served up to me, taking into consideration overseas and local market movements.
its easy to find "experts" that will align with one point of view or the opposite point of view..... I am not saying JONGO that you have set out to do that, just making the point.
in the fin review this weekend there seemed to be no major concerns, NURIAL ROUBINI's most recent comments (who I regard as a very balanced forecaster) seems positive about the US (not quite so about china), and Bloomberg which I have a brief look at each morning to me has not indicated other than the normal major concerns..... the likely ongoing worldwide maintenance of low interest rates is another factor that I think will support higher share prices and property levels.
that's the world scene, the local scene is another discussion with the likely effects from the government's significant tightening of expenditure and china / iron ore prices etc.
on AIG I have a bid (long) at a slightly lower level than it has been trading at as I regard it highly has both a value stock and exhibiting strong upward momentum....
all the above is just my opinion and I cold be wrong on just about everything..... given JONGO's scary predictions it might be a good idea to have an EQUAL NUMBER of longs and shorts - that way its a break even which ever way the market goes.....
