Gobbo,
Mindless punters who can't remember what happened before the weekend.
More carnage expected on European and US markets tonight. The $170bn of finance provided by the ECB and US Fed was for 3 days only. Tonight, they have to decide whether to roll those amounts over. Of course they will - only question is, will they add to it?
[BTW, I note that ALZ had to give GPT a 5 year rental guarantee before they'd buy 50% of Freshwater. Hope the Melbourne market holds up!]
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