Time To Top Up, page-37

Blue

A lot is happening in the world at the moment. Dow went down 238 - will it bounce back 100+ tonight or will it cop another hiding. China is slowing down, overseas investors are pulling some money out of Aust., Aust and US markets are pulling back from recent highs. We are in the month of OCTOBER. The 1987 OCTOBER CRASH. Something like about 8-9 out of 10 years the market has a substantial pull back in Oct.

As I said the other day - this down slide of LNG could become self feeding (with the help of the shorts). This is not to scare anyone but another couple of biggish down days and I believe the up trend will have been broken big time. "IF" this happens I feel low 3's and even possibly a 2 in the front. And if the markets are very nervy over the next few weeks months I don't think the BIG announcements coming will have much effect on the SP. People take less risk when the markets get frightened. They sell and stick to the biggies - the banks etc. JMO